Arab Today, arab today ukraine chevron sign shale gas production deal
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Ukraine, Chevron sign shale gas production deal

Arab Today, arab today

Arab Today, arab today Ukraine, Chevron sign shale gas production deal

Kiev - XINHUA

Ukraine has signed a 50-year production-sharing deal with Chevron Corp. for shale gas exploration, Energy Minister Eduard Stavytsky said Tuesday. Under the deal, the American multinational energy firm will develop the potentially large Olesska shale gas deposit that stretches across Lvov and Ivano-Frankovsk regions in Ukraine's west. The Olesska deposit, with an estimated shale gas reserves of 0.8 to 1.5 trillion cubic meters, is expected to produce up to 10 billion cubic meters of gas annually. Kiev hopes Chevron will invest 10 billion U.S. dollars to develop the gas field. In the first phase of the project, Chevron is to invest 350 million dollars in exploratory works on the field to evaluate its investment attractiveness. Kiev picked Chevron as a partner to develop the Olesska field through a tender in May 2012.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ukraine chevron sign shale gas production deal Arab Today, arab today ukraine chevron sign shale gas production deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ukraine chevron sign shale gas production deal Arab Today, arab today ukraine chevron sign shale gas production deal

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb

GMT 23:44 2017 Saturday ,03 June

OPEC daily basket price for Tuesday, 30th May 2017
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday