Smart Energy


As part of the strategy aimed at diversification of the investment portfolio, Smart-Holding has been developing projects in the field of oil and gas and alternative energy since 2011. In 2012, these projects were combined into a promising new business called Smart Energy.

Smart-Holding`s oil and gas business block is represented by Regal Petroleum, a British public company with assets in Ukraine, as well as Ukrainian gas producing companies Prom-Energo Product and Ukrgazvydobutok. 

As of the end of 2012, hydrocarbon reserves of Smart-Holding's gas production assets were estimated in С12 categories as: gas – 39.7 billion cubic meters, condensate - 4.5 million tonnes. In addition, prospective gas resources account for 8.9 billion cubic meters.

In 2012, Smart-Energy's gas production enterprises produced 173 million cubic meters of gas and 16 thousand tonnes of condensate.

The strategy of Smart-Holding’s oil and gas business provides for increased investment in the development of deposits' mining and continuing consolidation of promising production assets in Ukraine.

In the medium-term, Smart-Holding plans to gain a leading position in the private segment of gas production.

In the field of alternative energy, Smart-Holding is implementing a project to build a network of plants for the production of fuel pellets from biomass. Vin-Pellet Plant in the Vinnitsa region, commissioned in 2013, was the first step in implementing this project.

The development strategy of this business presupposes its replication in various regions of Ukraine, increasing pellet production to 1.5 million tonnes per year.

Smart Energy Group Began Spudding of New Well

Smart Energy Group has begun spudding of well No.10 at Vasischevskoye gas condensate deposit in Kharkov region.