The International Industry Forum & Exhibition took place in Poltava on 5-6 September 2018. The event was organized by LLC ENGINEERING CENTRE POLTAVA. The Forum was attended by the industry experts from six countries. Also present were colleagues from leading domestic oil and gas companies, representatives of the Ministry of Energy and Coal Industry of Ukraine and management of the Poltava Regional State Administration.

On January 1, 2018, the Law of Ukraine On Amendments to the Budget Code of Ukraine on Remittance of Royalty Payments for the Subsoil Use to Produce Oil, Natural Gas and Gas Condensate came into effect. As per the law, 95% of royalty tax goes to the State Budget of Ukraine and 5% – to local budgets of various levels.

Supporting medicine is one of the important areas of GEO ALLIANCE Group’s social activities. As known, the Group’s main production is currently concentrated in Lokhvytsia district of Poltava region; therefore, we are involved with the community at all times and show initiative in addressing pressing issues of the local population.

 GEO ALLIANCE Group took part in the 5^th International Oil and Gas Conference held by Newfolk OGCC as a partner of the strategic session. The event took place in Lviv during two days – May 31 and June 1. Our Commercial Director Tengiz Mustafaev took the floor in the first block of the programme. He spoke about the partnership and development of GEO ALLIANCE Group and service companies in the Ukrainian oil and gas market.

Currently GEO ALLIANCE Group is actively implementing the best global practices and international standards in occupational safety and health.

Contributing to social and economic growth of regions and working with local communities remain one of the key priorities of GEO ALLIANCE Group.

Private Joint Stock Company NATURAL RESOURCES from GEO ALLIANCE Group publishes the 2016 annual report by issuer of securities in compliance with Provision # 2826 of 03/12/2013 On Disclosures by Issuer of Securities.

GEO ALLIANCE GROUP, by supporting the one of the key corporate company values ​​ “Social and Community Programs”, constantly implements projects aimed to develop social, economic and cultural potential of the regions.