State Service of Geology and Subsoil put up 8 oil and gas fields for auction

The State Service of Geology and Subsoil of Ukraine published 18 new lots, including 8 oil and gas facilities on ProZorro.Sales This was reported by the press service.  

The total initial cost of special permits put up for auction is UAH 336 109.51 thousand.

“The Investment Atlas is working in an enhanced mode, we are constantly updating the information in it, we are creating interesting offers for investors, now there are already 134 such offers”, said head of the State Service of Geology and Subsoil Roman Opimakh. “All information in the Atlas is available online, everyone can join the development of Ukrainian mineral resources, can choose an attractive field and initiate it at an auction, or nominate a field for electronic bidding on their own initiative. We urge potential investors to pay attention to the opportunities that the service offers, and, for our part, we will create favorable conditions for the development of the extractive industry”.

According to the Service, as of today, the State Service of Geology and Subsoil of Ukraine has received more than sixty applications for participation in auctions, including applications for the nomination of new objects.

Now they are undergoing an examination of Geoinform of Ukraine and will be sent for consideration to the Ministry of Energy and Environmental Protection to submit them to the next auction.

To recap, the Chairman of the State Service of Geology and Subsoil introduced the Investment Atlas of the Subsoil User in December 2019.

Earlier it was reported that the State Service of Geology and Subsoil developed a new methodology for determining the initial cost of special permits.

Tags: The Cabinet of Ministers, gas, contracts, oil, hydrocarbon production, legislation, EU, The Minystry of Energy and Coal Mining, Top management, energy market, gas production, добыча нефти, Prozorro, drilling, Public Service of Geology and Subsoil of Ukraine, foreign affairs, Opimakh, Gas market, investments, volumes, oil products, field, auctions, energy sector, natural gas

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