The Ukraine will invest $4 billion to oil and gas production at the Black Sea shelf

The Ukraine will invest $4 billion to oil and gas production at  the Black Sea shelf, the Premier N. Azarov says. They will discuss the project of the order that will give the start to oil and gas production at the Black Sea shelf with participation of the leading international energy companies. Within this investment project costing up to $4 billion, they are going to increase annual oil and gas production by 2-3 million tons in oil equivalent by 2020. Additional allocations to the budget will be $20 billion.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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