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Eni Ukraine plans to continue shale gas projects in Ukraine - Eni Ukraine CEO

December 23, 2014, 23:20 UTC+3 KIEV
“The sides discussed prospects for further cooperation and steps to attract international investments in the production of natural resources,” the press service said
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KIEV, December 23. /TASS/. Eni Ukraine plans to continue its oil and gas projects in Ukraine and expects support from the Ukrainian government in coordinating its work plans, the press service of the Ukrainian ministry of ecology and natural resources said after a meeting between Minister Igor Shevchenko and Eni Ukraine director general Luigi Barberis.

“The sides discussed prospects for further cooperation and steps to attract international investments in the production of natural resources,” the press service said.

“Ukraine is interested in developing its own oil and gas projects to sever energy dependence and develop its economy,” Shevchenko said, adding that foreign investments in the raw materials sector was vital for Ukraine and his ministry was ready to offer all necessary support.

In 2012, Eni bought 50.01% of shares in the Lvov-based Zapadgazinvest company, which holds licenses for the development of nine shale gas fields in Western Ukraine with an overall area of 3,800 square kilometers.

According to earlier reports, American energy multinational Chevron notified the Ukrainian government on December 15 about its plans to quit the project to produce hydrocarbons in Ukraine’s Olesska field. The company did not specify the reasons for this decision.

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