April 18, 2014 1:43 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Moravske Naftove Doly AS

Company Overview

Moravske naftove doly, a.s., together with its subsidiaries, engages in the exploration and production of oil and natural gas, as well as construction and operation of underground gas storage facilities primarily in the Czech Republic. It primarily focuses on exploration and production activities in Pakistan through its share in gas production from the Sawan field, and it holds exploration licenses covering three blocks in Bavaria in Germany, as well as owns the Ziarat block, the Barkhan block, and the Hanna and Harnai block located in Pakistan. The company also acts as a drilling contractor, providing services related to oil and natural gas exploration and production wells; wells for gas st...

Uprkova 807/6

Hodonin,  69530

Czech Republic

Founded in 2002

322 Employees

Phone:

420 6 2831 5111

Key Executives for Moravske Naftove Doly AS

Chief Executive Officer
Chairman of the Supervisory Board and Head of Trade & Financial Department
Chief Operating Officer
Chief Executive Officer of MND Production a.s.
Head of Chief Executive Officer´s Department
Compensation as of Fiscal Year 2013.

Moravske Naftove Doly AS Key Developments

Moravske Naftove Doly Leases Gas Storage Facility Building in Southern Moravia to Gazprom

Moravske Naftove Doly (MND) has leased the gas storage facility building in southern Moravia to Gazprom for CZK 7.5 billion. Gazprom will acquire 90% of capacity of the storage facility for 15 years. The facility, located in Damborice near Hodonin, will launch operation in 2016. MND signed the contract on the construction of the gas facility with company Gazprom Germania in March. The tank with a capacity of 448 million cubic metres. Now MND has also agreed with Gazprom on the lease of the facility.

Open Joint Stock Company Gazprom and Moravske Naftove Doly AS to Construct New UGS Facility in Czech Republic

Open Joint Stock Company Gazprom and Moravske Naftove Doly AS have signed an agreement for construction of a new underground gas storage, or UGS, facility in Damborice, South Moravia, Czech Republic. According to the Gazprom, the UGS facility construction will start in 2014 and the commissioning is scheduled for 2016. The working gas capacity of the UGS facility will total 448 million cubic meters. The companies will invest around $128 million in equal shares into the UGS facility construction.

Open Joint Stock Company Gazprom and Moravske Naftove Doly AS Embark on New UGS Facility Construction in Czech Republic

Open Joint Stock Company Gazprom and Moravske Naftove Doly AS inked an Agreement on a new underground gas storage (UGS) facility construction in Damborice, South Moravia. The UGS facility construction will start in 2014, the commissioning is scheduled for 2016. The working gas capacity of the UGS facility will total 448 million cubic meters, thus making it one of the largest facilities of its kind in the Czech Republic. The companies will invest around USD 128 million in equal shares into the UGS facility construction.

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