Wednesday, July 27, 2016

Ukrainian government selects Dutch firm to invest in shale gas field in eastern Ukraine

A winner of the competition was selected to become investor for the implementation of the Agreement on the distribution of hydrocarbons extracted from the Yuzovsky field, the press service of state-owned enterprise Nadra Ukrainy has reported, which is a stakeholder of Nadra Yuzovsky PLC that was established to implement the project of finding and mining under the agreement on the distribution of hydrocarbons extracted from the Yuzovsky field.



"The winner was Yuzgaz B.V. from the Netherlands that offered the best terms for the implementation of the Yuzovsky project," the report noted.

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