Ukraine reaches gas deal with Exxon, Shell - BUSINESS - Globaltimes.cn:
"Ukraine said Thursday it has reached a natural gas production-sharing agreement with a consortium led by Exxon and Shell, its latest step toward energy diversification and reducing its dependence on Russia.
The consortium, which also includes Romanian energy group Petrom and Ukraine's state-owned Nadra Ukrainy, will extract natural gas on the Skifski site off Ukraine's Black Sea coast.
An initial accord was signed by Ukrainian Energy Minister Eduard Stavytsky and representatives of Exxon, Shell, and Petrom on the sidelines of the UN General Assembly in New York, the Ukrainian presidential press service said.
The sides agreed to sign a formal production-sharing agreement within a month in the Ukrainian capital Kiev."
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