Friday 6 September 2013

Shell sees no risks to investing in Ukraine| Ukrinform

Shell sees no risks to investing in Ukraine| Ukrinform:

"
Shell sees no risks for the funds invested in Ukrainian projects to develop gas fields, Shell vice-president for relations with public authorities Sean Rooney said at the V International Economic Forum “Investments. Innovations. Kharkiv Initiatives” on Friday in Kharkiv.
"We are comfortable working in Ukraine. We see that the government in Ukraine respects the investments which we invest. In addition, fearing for our own investments, we seek stability. The Ukrainian government works well with us in this direction, and so far I do not see any risks," he said.
According to Rooney, the company is more concerned at whether gas deposits will be discovered at the Yuzivska field.
"The main danger regarding the hydrocarbon exploration is geology: that is, will we find gas or not, will it be effectively from the point of view of the economy to produce this gas," he added.
A reminder that Shell is engaged in the exploration of gas fields in Kharkiv region."

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