REUTERS
Desperate to move away from dependence on Russian nat gas, the Ukraine has signed a prelim pact with ExxonMobil to explore and develop shale gas deposits there.
No price was disclosed.
The Ukraine may have Europe's fourth-largest shale gas reserves at 42 trillion cubic feet (1.2 trillion cubic metres), trailing only Poland, France and Norway.
Last month, Ukraine was said to have signed a $800 mn shale gas deal with Shell.
Popular Posts
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- USA : 07 May UPDATE: Famous Fat Cat Meow...Dies On Diet.
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- COLOMBIA: Corrupt Police Aided Bogota's Fake Torture Brothel.
- MEXICO : Zetas Founder/ Leader "Lucky" Hernandez Lechuga Captured In Veracruz.