Britain’s Cadogan Petroleum has temporarily halted gas production in Ukraine due to the non-renewal of a special permit

Britain’s Cadogan Petroleum has temporarily halted gas production in Ukraine due to the non-renewal of a special permit, the company said. Five months ago, the company applied for a renewal of a 20-year permit to produce from the Blazhivskoye oil field in Lviv oblast. Although the Lviv Regional Council voted last month to endorse the renewal of the permit, there has been no action by the State Service of Geology and Subsoil. Cadogan’s shares are listed on the London Stock Exchange as CAD. Once the largest oil and gas producer of the Soviet Union, independent Ukraine has been a major oil and gas importer for decades.