By KYIV. Oct 27 (Interfax-Ukraine) – PJSC Ukrnafta and the American Petroleum Institute (API) signed a memorandum of understanding, according to which the company will have access to API standards agreed upon by the global industry community.
“Our specialists will take part in meetings and working groups that focus on developing and discussing top international practices. API and Ukrnafta will be able to jointly organize events on standardization, training, certification and safety,” Ukrnafta said.
As stated in the document with reference to the director of Ukrnafta, Serhiy Koretsky, this is the most strategic step for the national oil industry over the many years of its existence.
“The Ukrainian oil and gas industry has a glorious history, strong experience and great development prospects. However, for a long time we were dependent on Soviet, Russian and Belarusian equipment. The API memorandum should change this completely,” the CEO noted.
The signed agreement confirms the commitment of both parties to strengthen Ukraine’s energy independence and its shift away from Russian standards, equipment and operations.
As noted in a press release citing API Senior Vice President of Global Industry Services Anchal Liddar, API, as the world’s premier standard-setting organization for the natural gas and oil industry, is honored to begin a new cooperation with Ukrnafta.
“This alliance strengthens our shared vision of strengthening Ukraine’s energy infrastructure and independence based on our world-class standards,” Liddar said.
In turn, according to the head of Ukrnafta, the memorandum actually opens the door to the future for the company.
“We will be able to exchange information about annual programs, plans for the development of standards and best practices, which will allow us to understand how the world will develop and what Ukrnafta needs to do to be on the same page with the benchmarks that drive progress in the oil and gas industry,” Koretsky explained.
