http://www.bloomberg.com/news/2012-02-24/ukraine-to-auction-production-stakes-in-two-natural-gas-fields.html
Like neighbor Poland...Ukraine is moving to exploit its shale nat gas deposits and hopefully cut reliance on Russian gas.
It will offer up to 70% of production at its Yuzivska and Oleska fields in late April.
Ukraine may hold up to 42 trillion cubic feet of shale gas.
Kiev also rejected a new Russian offer to reduce current gas costs...by 10%.
It says 10% reduction...is not enough.
Ukraine is paying Gazprom $415 tcm in Q1...and wants $250 tcm.
AND: Warsaw got a surprisingly high 47 offers for rights to develop wind power off its Baltic coast.
Currently...Poland has no wind farms off its blustery but shallow Baltic Sea coastline.
After approval...it will take at least 6 years to build a wind farm.
http://www.reuters.com/article/2012/02/22/poland-wind-idUSL5E8DM23K20120222
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- ITALY : Oh, No! Silvio's Spectre Returns.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- POLAND: Chopin Contest Attracts Young Asian Pianists.
- PERU: Voters Feel Like They Must Choose Between...Hitler And Darth Vader; Smears Increase Before Vote.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / CHECHNYA : VIDEO/ FOTOS: 40 Story Grozny Skyscraper Burns.