Ukraine’s government and Shell sign operation agreement to develop shale deposit

In the presences of Ukraine’s Prime Minister Mykola Azarov the Government of Ukraine and «Royal Dutch Shell» have signed the operational agreement complementing product sharing agreement for the extraction of hydrocarbon at Yuzivska area.

According to Ukrainian Minister of Energy and the Coal Industry, Eduard Stavytskyi: “This is just the agreement that grants full permission for direct investment and operation at the Yuzivske deposit. From this day Royal Dutch Shell begins operations in Ukraine factually and legally.”