Moravské naftové doly (MND) is a Czech
oil
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...
and
gas
Gas is one of the four fundamental states of matter (the others being solid, liquid, and plasma).
A pure gas may be made up of individual atoms (e.g. a noble gas like neon), elemental molecules made from one type of atom (e.g. oxygen), or ...
producing company based in
Hodonín
Hodonín (; german: Göding) is a town in the South Moravian Region of the Czech Republic. It has about 24,000 inhabitants.
Administrative parts
Hodonín is made up of only one administrative part.
Geography
Hodonín is located about southeast ...
,
Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
, producing of oil and 250,000 m
3 of gas per day. With gas storage facilities of 180 million m
3, MND is an important player on European gas market. MND has also a retail and trading unit. KKCG company is the sole shareholder.
The company also operates many assets overseas, for example gas and oil fields in
Georgia
Georgia most commonly refers to:
* Georgia (country), a country in the Caucasus region of Eurasia
* Georgia (U.S. state), a state in the Southeast United States
Georgia may also refer to:
Places
Historical states and entities
* Related to the ...
or gas storages in Germany.
In September 2007, MND signed a contract with
Regal Petroleum
Regal Petroleum plc is a petroleum company based in London with assets in Romania, Ukraine, Greece, and Egypt. It was founded by Frank Timiş in November 1996, and is listed on the London Alternative Investment Market
AIM (formerly the Altern ...
to buy a 50% stake in a major
Ukrainian gas field for US$330 million.
See also
*
Energy in the Czech Republic
Energy in the Czech Republic describes energy and electricity production, consumption and import in the Czech Republic.
Overview
Primary energy consumption per million people in 2008 was 50 TWh compared to other countries (TWh): Canada 93 (310 ...
References
External links
Official site
Oil and gas companies of the Czech Republic
Czech brands
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