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SMART ENERGY
Smart Energy manages the investments of the Smart Holding (Cyprus) group in the gas production business.

The group began investing in oil and gas production projects in 2011. Today, Smart Energy is one of the leaders in the industry and is among the five largest private gas production companies in Ukraine.

The investment portfolio includes operating and production companies in Ukraine, the UK and Jersey, which ensures geographical diversification and business stability.

Smart Energy LLC is engaged in project development and operational management of the business in Ukraine.


Main areas of activity:
  • Hydrocarbon production
  • LPG (liquefied petroleum gas) production

The Group's investment strategy in this segment is aimed at increasing production volumes as follows:
  • organically - through the expansion of investment activity in existing fields and the development of niche areas;
  • inorganically - through M&A (mergers and acquisitions).
All investments are implemented taking into account the principles of sustainable development, efficient use of resources and compliance with environmental standards.
  • Is one of the TOP 5 private gas producing companies in Ukraine
  • Revenue in 2021 – USD 207 million
  • Hydrocarbon reserves – 168,497.0 mboe
  • EBITDA in 2021 – USD 131 million
  • Gas production in 2021 – 390 million m3
  • Ownership share: Enwell Energy – 82.62%, Ukrgazvydobutok – 100%
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Activities
Hydrocarbon production
Liquefied gas production
News See all
08.09.25
Enemy attacks + mining blocking = double blow to energy situation in Ukraine
04.09.25
"Every million cubic meters of our own gas is a contribution to the energy independence of the state" - Ivan Gerasymovych, CEO of Smart-Holding
"Every million cubic meters of our own gas is a contribution to the energy independence of the state" - Ivan Gerasymovych, CEO of Smart-Holding
10.04.25
UAH 3.2 billion of investments in Ukrainian subsoil stopped due to blocking of special permits
Smart Energy Group is forced to stop the implementation of development programs totaling UAH 3.2 billion. These are investments in Ukrainian subsoil, which were planned for 2025 and included drilling new wells, construction and modernization of production facilities. Due to the suspension of special permits for hydrocarbon production and, as a result, the blocking of the work of the group's companies, further implementation of the group's production program is not possible.