The competition for 4 members of the Supervisory Board of Naftogaz will be announced within a week.
The capacity of the future project is 1.5 GW.
The law is aimed at increasing state budget revenues from oil and gas production in the country.
Over the past four days, WTI price went down by almost 4%.
Oil prices are falling on signals that a new strain of the Delta coronavirus has begun to negatively affect the Chinese economy.
On Monday, oil quotations declined amid fears of weakening global demand for raw materials amid rising numbers of people tested positive for COVID-19.