The American Petroleum Institute (API) and Ukraine’s national oil company, Ukrnafta have signed a memorandum of understanding (MoU) to promote the adoption of API natural gas and oil standards in Ukraine.
The agreement affirms both parties’ commitment to enhancing Ukraine’s energy independence and its transition away from Russian standards, equipment and operations.
Anchal Liddar, API senior vice president for global industry services says: ‘This alliance solidifies our shared vision of strengthening Ukraine’s energy infrastructure and independence based on our world-class standards.’
‘The memorandum of understanding with API will allow us to significantly increase our efficiency and attract the best examples of world technologies to the development of the Ukrainian oil industry…We are honoured to work together with such a respected and influential organisation as API,’ adds Serhiy Koretsky, director of Ukrnafta PJSC.
The MoU establishes a framework between API and Ukrnafta for the following:
- Promoting the adoption of API standards across Ukraine’s oil and gas industry
- Involving Ukrainian experts on API standards committees
- Providing guidance, promoting awareness and facilitating information exchange on the usage and implementation of API standards and safety programs
- Collaborating on events and the joint organisation of standards-related training programs and seminars
The framework outlined in the MOU supports Ukraine’s intent to reduce its reliance on Russian energy and supply chain and helps create a robust, resilient energy industry that is aligned with international best practices.