The Ministry of Energy published the official list of companies participating in the PSA competition

On December 18, 2018, the Cabinet of Ministers of Ukraine issued a decree on holding a competition on the agreements on PSAs of hydrocarbons, which will be produced within certain areas.

Following companies applied for participation in the competition.

Sophia Square.

The total area is 2715.95 square kilometers.  The minimum investment is determined by the results of the competition and must be at least 1 billion UAH.

The participating companies are Ukraine Ontor Exploration Company LLC, JSC Ukrgazvydobuvannya and Vermilion Ukraine Exploration LLC, NGR B.V and Naftogazenergiya LLC, Geo Alliance Partnership LLC, EP Sophievska B.V.

 

 Buzivska Square.

The total area is 669.65 square kilometers.  The minimum investment is determined by the results of the competition and must be at least 600 million UAH.

Participating company: JSC Ukrgazvydobuvannya.

 

Rusanivska Square.

 The total area is 766.56 square kilometers.  The minimum investment is 800 million UAH.

Participating companies: PJSC MC Ukrnaftoburinnya, Ukraine Onshore Exploration Company LLC, JSC Ukrgazvydobuvannya.

 

 Zinkivska Square.

 The total area is 571.4 square kilometers. The minimum investment must be at least 500 million UAH.

Participating companies: Oil&Gas Overseas Trading B.V., EuroGas Zinkivska (Eurogas Ukraine Zinkivska), PJSC MC Ukrnaftoburinnya, JSC Ukrgazvydobuvannya and Vermilion Ukraine Exploration B.V.

 

Uhnivska Square. 

The total area is 967.44 square kilometers.  The minimum investment is determined by the results of the competition and must be at least 600 million UAH.

Participating companies: JSC Ukrgazvydobuvannya, Well Co LLC.

 

Balakliyska Square.

The total area is 1119.25 square kilometers.  The minimum investment is determined by the results of the competition and must be at least 800 million UAH.

Participating companies: JSC Ukrgazvydobuvannya and Vermilion Ukraine Exploration B.V.

 

 Varvynska Square.

The total area is 3471.26 square kilometers.  The minimum investment is determined by the results of the competition and must be at least 1 billion UAH.

Participating companies: Ukrainian Energy LLC, JSC Ukrgazvydobuvannya.

 

 Ivanivska Square.

The total area is 841.61 square kilometers. The minimum investment is determined by the results of the competition and must be at least 800 million UAH.

Participating companies are GAZ GROUP LLC, JSC Ukrgazvydobuvannya and Vermilion Ukraine Exploration B.V., UNIMOT UKRAINE LLC.

 

Berestyanska Square.

The total area is 286.38 square kilometers.  The minimum investment is determined by the results of the competition and must be at least 450 million UAH.

Participating companies: JSC Ukrgazvydobuvannya, Navigator Komplekt LLC.

 

Recall that Roman Storozhev, the President of the Association Subsoil Users of Ukraine, spoke about the tenders for production under the PSA in the conditions of political instability in Ukraine.

 

Source: nefterynok.info

Tags: gas, contracts, hydrocarbon production, legislation, The Minystry of Energy and Coal Mining, gas production

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