Read more: http://www.lignet.com/InBriefs/Ukraine-Likely-to-Award-Huge-Gas-Contracts-to-Shel#ixzz1ukoIF8bt
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Ukraine Likely to Award Huge Gas Contracts to Shell, Chevron
May 10, 2012
| Energy
| Europe, Russia and Central Asia
Read more: http://www.lignet.com/InBriefs/Ukraine-Likely-to-Award-Huge-Gas-Contracts-to-Shel#ixzz1ukkiXLnD
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The Ukrainian government will soon name which firms won a competition to develop two large shale gas reserves . . . Reuters quoted a source today that Royal Dutch Shell will win the Yuzivska shale reserve, estimated to contain 2 trillion cubic feet of natural gas, and Chevron will win the Olesska reserve, believed to contain 0.8 to 1.5 trillion square feet of gas . . . ExxonMobil, Italy’s ENI, and Russian firm TMK-BP are also in the competition . . . if awarded the contracts, Shell and Chevron will partner with state firm Nadra Ukrainy and Ukrainian firm SPK-GeoService . . . Ukraine is estimated to have 42 trillion cubic feet of shale gas, Europe’s third largest reserve . the government is eager to rapidly develop its shale gas to reduce its reliance on Russia gas which has shot up in price and is causing friction between the two countries . . . although the fracking process necessary to extract the shale gas has attracted protests in many states – and is banned in France – protests that could delay or stop these deals are unlikely since the environmental movement in Ukraine is very weak.
Read more: http://www.lignet.com/InBriefs/Ukraine-Likely-to-Award-Huge-Gas-Contracts-to-Shel#ixzz1ukkTKmZv
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**Oil companies in the U.S. aren't allowing this administration's Big Government Control Freaks to keep them down and out.
The Ukraine's anti-fracking interest is very weak, so EFF U Environmentalist Frauds. Hope all our Oil Companies jump all over the world to make the best ENERGY deals by-passing a Congress by-passing Autocrat. You want Global, Global we'll get... leaving your ass in the dust... He can't take credit for the price of gas going down now either... He'll try, and since this is won't even make it to Fox News, unless they start getting a clue, neither will you. Don't buy his bullsh** .. Everything he's done has and will be to tear this country down to an impotent, weak, broken hollow shell, a replica of the man himself, a loser. Everything AMERICANS do will go against Treason and Tyranny. Vote for this guy and learn how to kiss the sky because you'll never regret anything more.... Don't be an Obama whore.
