You're reading: Reuters: Ukraine picks Shell, Chevron to develop shale gas fields

Ukraine has picked Royal Dutch Shell and Chevron Corpas partners in projects to explore and develop two potentially large shale gas fields, Prime Minister Mykola Azarov told the Euronews television channel on Friday.

A government source had told Reuters this week Anglo-Dutch Shell and Chevron of the United States were set to outbid Italy's Eni, Exxon Mobil and Russia's TNK-BP in the tender which Kiev sees as a step towards easing its dependence on Russian gas supplies.

"Chevron and Royal Dutch Shell have been chosen as winning bidders for Yuzivska and Olesska areas which have enormous gas reserves," Azarov told Euronews.

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