New Market Report: Ukraine Oil & Gas Report Q1 2014
A second major shale gas deal in Ukraine, to be signed by Chevron, confirms our cautiously optimistic view regarding momentum building up in the Ukrainian shale gas sector. The deal provides some upside potential in alleviating a part of Ukraine's import burden in the long run. It also shows an increasing commitment by international oil companies to the country's shale gas potential. However, we factor in production from 2018 onwards - a more conservative estimate to the government's 2015 target...
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