Wednesday 26 June 2013

Ukraine eyeing 25-bln-USD shale gas investment from Chevron : Ukraine News by UNIAN

"Ukraine is hoping Chevron Corp. will invest 25 billion U.S. dollars to develop the potentially large Olesska shale gas deposit in its west, a senior energy official said Tuesday, according to Xinhua.
"This sum exceeds the amount of foreign investment that Lvov and Ivano-Frankovsk regions have attracted over the 20 years of Ukraine's independence," Volodymyr Ignashchenko, adviser to Ukraine's minister of ecology and natural resources, said during a visit to Ivano-Frankovsk city.
The Olesska deposit stretches across Lvov and Ivano-Frankovsk regions."

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