Partners news

Tender terms for Ukraine’s first petroleum sharing agreements since 2012 will be released in two weeks

Monday, February 4, 2019
Tender terms for Ukraine’s first petroleum sharing agreements since 2012 will be released in two weeks

Tender terms for Ukraine’s first petroleum sharing agreements since 2012 will be released in two weeks, reports Drilling for the web site. Companies will have until mid-May to submit applications. The 12 PSAs are expected to be valid for 50 years. To stimulate investment, winners will have to spend $16 to $36 million in the first five years on seismic research and exploration wells. Foreign companies are encouraged to bid.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Friday, February 1
Partners news
With an expected surge in European tourism to Kyiv this spring and summer, the capital needs more hostels and two and three star hotels

With an expected surge in European tourism to Kyiv this spring and summer, the capital needs more hostels and two and three star hotels

Next post
Tuesday, February 5
Partners news
Through 2023, €4.5 billion in low interest loans have been committed to support 39 infrastructure projects to upgrade many of Ukraine’s highways, ports, airports, and railroads to EU standards.

Through 2023, €4.5 billion in low interest loans have been committed to support 39 infrastructure projects to upgrade many of Ukraine’s highways, ports, airports, and railroads to EU standards.

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe