PM Mykola Azarov estimates reserves of shale gas in Ukraine at 7tn m3. He announced this during the meeting with representatives of the Norwegian energy sector in Oslo. He noted that companies such as the Anglo-Dutch Shell company and the Exxon Mobil Corporation (United States) have already expressed interest in development of shale-gas deposits in Ukraine. The Ministry of Energy and the Coal Industry expects commercial production of shale gas, as well as gas from the deepwater part of the Black Sea shelf to begin no earlier than 2022. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more