Chevron begins production of shale gas in Ukraine | new Russia

The American oil company Chevron opens in Ukraine account for shale gas production. This, as RIA Novosti reported, Ukrainian media reported.

Resolution representation of the company gave the national Bank of Ukraine. In hydrocarbon production in the Western regions of the country, Chevron intends to invest about $ 10 billion.

Hydrocarbons will be produced in the Lviv and Ivano-Frankivsk regions. According to the decree of the NBU accounts representing Chevron in Ukraine opened in national and foreign currency.

Recall that in November 2013, an agreement was signed between Chevron and the company “Nadra Olesko”, 90% of which is owned by the state company “Nadra Ukraine” (it consists of 13 exploration and specialized enterprises).

on 3 October the Chairman of the Board of the company “Nadra Ukrayny” Yaroslav Klimovich said that next week Ukraine intends to approve the final version of the operational agreement for the extraction of shale gas from Chevron.

via Chevron begins production of shale gas in Ukraine | new Russia.