Ukraine outlines more production-sharing agreements

Ukraine has outlined three more blocks to be offered through oil and gas production-sharing agreement tenders in the country’s continuing series of licensing rounds to reduce its dependence on natural gas imports.

Ukraine has outlined three more blocks to be offered through oil and gas production-sharing agreement tenders in the country’s continuing series of licensing rounds to reduce its dependence on natural gas imports.

The Interagency Commission of Ukrainian government approved official documents for three blocks on 3,800 sq km to be tendered by Oct. 31.

The three blocks are in proved petroleum provinces with well-developed midstream infrastructure and widely covered by geophysical surveys.

The Ohtyrska block covers 672 km in the Sumy, Poltava, and Kharkiv regions. Ichnyanska block covers 2,086 sq km in the Chernihiv region. Grunivska PSA block covers 1,082 sq km in the Sumy and Poltava regions. All three blocks are in the Dnipro-Donets basin.

As of July 26, Ukraine had opened a total of 38 onshore and 1 offshore blocks, covering a gross 25,000 sq km, for public competitive bidding through online auctions.

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