Public Service of Geology and Subsoil put up five oil and gas fields for auction with a total value of 274.6 million UAH

Public Service of Geology and Subsoil put up special licenses for the use of five oil and gasfields in Kharkiv, Poltava and Luhansk regions at the fifth oil and gas electronic auctions in ProZorro. Sales, the statement said.

The total area of ​​fields is almost 700 square kilometers, the validity of special licenses is 20 years. The fifth oil and gas electronic auctions will be held on October 30, 2019.

The following lots were put up for auction:

Vatazhkivska area, the starting price is 6.794 million UAH.

Pechenizh-Kochetkovska area, starting price – 4.658 million UAH.

Saltovska area, starting price – 7.032 million UAH.

Knyazhinska area, the starting price – 254.582 million UAH.

Zakhidnokotarska-Krasnyanska area, starting price – 1.533 million UAH

Recall that from October 24, 2018, the temporary procedure for the implementation of the project on the introduction of electronic auctions for the sale of special licenses for the use of subsoil resources became effective. According to it, the sale of licenses is carried out through electronic auctions.

Tags: The Cabinet of Ministers, gas, contracts, oil, hydrocarbon production, legislation, gas production, Prozorro

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