Burisma and USUBC members meet with U.S. Ambassador Marie Yovanovitch

9 November 2017

The Adviser to the Board of Directors at Burisma Group Vadym Pozharskyi attended the USUBC members’ meeting with the Ambassador of the United States of America to Ukraine Marie Yovanovitch.

The discussion primarily focused on issues, including current investment climate in the country, encouragement and protection of foreign investment and energy security. The Ambassador also spoke about U.S. policy toward Ukraine and support for Ukraine’s reform efforts.  The panel discussion was followed by a Q&A session with business community.

“With ongoing support from the United States, Ukraine is gradually moving toward greater energy independence and security. In particular, the Countering America’s Adversaries Through Sanctions Act includes a number of strong and necessary steps in support of Ukraine’s energy independence. American tax money is contributing $30 million for this effort from the 2014 Ukraine aid law and $30 million more from this law. The money will be available until August 2022. The Secretary of State will work with the Ukrainian government to increase the amount of energy produced in Ukraine. As a private company, we are glad to see Governments uniting in support of Ukraine’s energy independence”, noted the Advisor to the Board of Directors at Burisma Group Vadym Pozharskyi.

The U.S.-Ukraine Business Council (USUBC) is a non-profit trade association created to advance U.S. companies’ trade and investment interests in Ukraine’s significant emerging market, advocate for measures to improve conditions for bilateral trade and investment, and support a growing commercial relationship between the United States and Ukraine. Incorporated in 1995 in the District of Columbia, the USUBC facilitates direct contacts between its members, senior Ukrainian Government and U.S. officials.

Burisma Group is the leading private natural gas producer operating in Ukraine. Founded in 2002, Burisma is the only fully integrated gas operator in the country that provides a full range of services, including exploration and production, gathering and processing, transportation and final sale of hydrocarbons. With annual production volume of more than 1 bcm of gas and a 30% share among independent Ukrainian gas producers, Burisma Group is a recognized market leader.

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