Ukraine plans to sign production sharing agreements next month with Chevron (CVX), Exxon Mobil...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Ukraine plans to sign production sharing agreements next month with Chevron (CVX), Exxon Mobil (XOM) and Royal Dutch Shell (RDS.A, RDS.B) to develop shale gas and offshore fields, according to a top official. Ukraine already has picked CVX to develop the Olessky shale field, with projected capacity of up to 1.5MMcf of gas, and Shell for the Yuzovsky shale field, storing up to 2MMcf of gas.