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Rymarz Zdort and Sayenko Kharenko Advise on PGNiG’s Acquisition of Shares in Karpatgazvydobuvannya

Rymarz Zdort and Sayenko Kharenko Advise on PGNiG’s Acquisition of Shares in Karpatgazvydobuvannya

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Rymarz Zdort and Sayenko Kharenko have advised Poland's PGNiG on the acquisition of a controlling stake in Ukrainian Karpatgazvydobuvannya from Energy Resources of Ukraine Management Services.

According to Rymarz Zdort, Karpatgazvydobuvannya is the sole owner of the Byblivska license, which covers an area located in Western Ukraine near the border with Poland. The company also holds a hydrocarbon exploration and production license covering an area in the western part of the Lviv region.

PGNiG operates in the Polish natural gas market. With equity interests in 30 subsidiaries, PGNiG is active in the area of production of natural gas and crude oil, as well as import, storage, sale, and distribution of gas and liquid fuels, and heat and electricity generation.

ERU is a foreign investment-backed group of companies specializing in the implementation of projects in the Ukrainian energy industry, operating since 2014.

The Rymarz Zdort team included Partners Marek Durski and Iwona Her, Counsel Jakub Krzemien, Senior Associates Lukasz Lech and Antonina Falandysz-Ziecik, and Associate Andrzej Granat.

Sayenko Kharenko’s team consisted of Partners Nazar Chernyavsky, Maksym Nazarenko, and Sergiy Smirnov, Counsels Maryna Hritsyshyna, Ario Dehghani, Zlata Simonenko, Oleksiy Koltok, and Iryna Bakina, Senior Associates Natalia Hutarevych, Mykhailo Grynyshyn, Igor Pomaz, Kateryna Utiralova, and Sergey Protyven, as well as Associates Zarina Khalimon, Kateryna Mytsykova, Yuliia Brusko, and Zhanna Zayets.

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