“There is interest from American, British, Norwegian and Canadian firms,”

“There is interest from American, British, Norwegian and Canadian firms,” Energy Minister Nasalik told reporters Wednesday, referring to the production sharing agreements. The agreements are for 50 years. The fields are spread among six regions — Ivano-Frankivsk, Lviv, Poltava, Chernihiv, Sumy, and Kharkiv. Interfax-Ukraine writes: “It is assumed that the state’s share in profitable products should be at least 11% of its total volume, the maximum investor’s share – 70% of total production.” Later this year, production sharing agreements for three more fields are to go up for auction.