The Cabinet of Ministers signed an agreement on the conclusion of a production sharing agreement for the development of the Scythian hydrocarbon area (Black Sea shelf) with companies ExxonMobil, Shell and OMV Petru
Stavitskiy predicted that gas production from the Scythian area can begin within 3 years (until 2017).
As reported, Yanukovych now is on an official visit to the United States.
The composition of the pool, which won the competition for the PSA to the Scythian area, except for ExxonMobil, includes Shell, Petrom (Romania, a subsidiary of the Austrian OMV) and NAK "Nadra Ukraine".
Cabinet has extended the prison terms of production sharing agreements with the company Chevron Ukraine BV (The Netherlands) on Olessky gas area (Lviv and Ivano-Frankivsk region) and a consortium led by ExxonMobil Exploration and Production Ukraine BV (The Netherlands) on the development of hydrocarbon Scythian area ( shelf of the Black Sea) to 24 November.