Naftogaz CEO Kobolyev told the London conference that a historic block to gas development was the lack of transparency in awarding licenses. Small companies won exploration permits for green fields too large for their capacities, Platts reports. Viktor Gladun, managing director of JKX Oil & Gas’ Ukraine subsidiary, said Ukraine could boost domestic production by allowing private companies to take over abandoned wells from state companies for a fee. Alastair McBain, the British president of Arawak Energy, said Ukraine should overhaul its legal framework and develop a new subsoil law.
Naftogaz CEO Kobolyev told the London conference that a historic block to gas development was the lack of transparency in awarding licenses
