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Bloomberg: Ukraine to potentially triple shale output in decade, Shell says

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Sept. 20, 2012, 8:20 a.m. | Business — by Bloomberg

Ukraine could potentially double or even triple natural-gas production in a decade after it starts shale extraction, according to Royal Dutch Shell Plc.
© AP

Ukraine could potentially double or even triple natural-gas production in a decade after it starts shale extraction, according to Royal Dutch Shell Plc.

Shell, which won a license in May to start commercial production at the Yuzivska field in eastern Ukraine, has submitted a draft product-sharing agreement to the Ukrainian government, said Graham Tiley, its country chairman.

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