Ukraine to relaunch PSA tender for Dolphin offshore gas block in March
Photo by m.afiqsyahmi/Shutterstock.com
Ukraine, which this year has opened up vast swathes of acreage for gas exploration, plans to relaunch a tender for the prospective offshore Dolphin block in March next year, the head of Ukraine’s state geological service said Wednesday, as reported by S&P Global Platts, a provider of energy and commodities information.
Photo by m.afiqsyahmi/Shutterstock.com
Roman Opimakh, speaking at an event in London to promote three other gas blocks offered under Ukraine’s production sharing agreement (PSA) regime, also said Kiev was headed toward self-sufficiency in gas as it works to boost domestic output.
The vast Dolphin block in the country’s sector of the Black Sea is considered a key target for upstream investors, and Opimakh said the 50-year PSA tender would be relaunched in March after the first was cancelled in July, allowing more time to be given for interested parties to look into the deal.
The tender was first launched in April and attracted a number of bidders, including three from outside Ukraine, by the original June deadline, S&P Global Platts said.
Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1
Gov't Wants Sustainable Business Model for Magyar Posta
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
