More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
Kyrgyz president sees revival of relations with Russia as major result of his tenureWorld June 23, 20:49
Ex-premier says initiative to impeach Poroshenko stems from Ukraine’s economy collapseWorld June 23, 20:20
This week in photos: Confederations Cup opening and summer solstice celebrationsSociety & Culture June 23, 19:11
Turkish ambassador to Russia: Moscow and Ankara to join efforts in war on terrorWorld June 23, 18:45
KIEV, November 16 (Itar-Tass) - The Ukrainian government has severed an agreement between the state-run oil and gas company Chernomorneftegaz and Russia’s oil major LUKOIL on the joint exploration and development of oil and gas in the Black Sea.
The now cancelled arrangement concerned the Odesskoye, Bezymyannoye and Subbotinskoye deposits. Chernomorneftegaz had no less than 50 percent in the joint operations.
At the moment Chernomorneftegaz is pushing ahead with exploration and production of hydrocarbons at the Odesskoye and Bezymyannoe deposits. Ukraine hopes that Italy’s ENI and France’s Electricite de France will join it to produce hydrocarbons at Subbotinskoye.
Chernomorneftegaz is a division of the national joint stock company Naftogaz Ukrainy that explores and extracts oil and gas in the Black Sea and the Sea of Azov.
The company has seventeen deposits on its balance sheet (eleven gas deposits, four gas condensate deposits and two oil ones).