Updated PSA draft with Chevron

Ivano-Frankivsk regional council has received for approval the new version of hydrocarbons products sharing agreement between the state of Ukraine, Chevron Ukraine B.V. company and LLC “Nadra Oleska”, which will regulate the planned hydrocarbons extraction at Oleska area.

PSA draft has been amended taking into account proposals made during the meeting of Ivano-Frankivsk regional council on 20 of August, 2013, agreed with Chevron and approved during the meeting of inter-agency commission on organization of  signing and execution of products sharing agreements on 29 of August, 2013.

The text of the updated PSA draft is available in Ukrainian at the web-site of  Ivano-Frankivsk regional council under the following link ( 17,1 Mb).