Shale Gas Deal with Shell Moves Ukraine Toward Energy Independence
Posted on January 18, 2013 at 03:13 AM EST
JOHANNESBURG--January 18, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Ukraine made a significant move toward its goal of energy independence from Russia this week when authorities in the eastern Donetsk region approved a planned shale gas production-sharing agreement. Ukraine has Europe's third-largest shale gas reserves at 1.2 trillion cubic meters, after France and Norway.