Ukraine moves one step closer to a breakthrough shale gas deal with Royal Dutch Shell (RDS.A,...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Ukraine moves one step closer to a breakthrough shale gas deal with Royal Dutch Shell (RDS.A, RDS.B) after authorities in the eastern Donetsk region approve a planned production sharing agreement. If successful, the Yuzivska shale gas field could produce a few billion cubic meters of gas per year in just five to six years and 8B-10B in 10 years.