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Who says that the World Economic Forum meetings in Davos, Switzerland are useless? Certainly not the Ukrainians, who on the sidelines amidst the champagne and caviar inked a 50-year profit sharing shale natural gas deal with Royal Dutch Shell PLC, worth up to $10 billion.

Underlining the significance of the contract between Royal Dutch Shell PLC and Nadra Yuzivska LLC, it was signed in the presence of the Ukrainian President Viktor Yanukovych and Dutch Prime Minister Mark Rutte by Ukrainian Minister of Energy and Mines Eduard Stavytskyy and Royal Dutch Shell PLC CEO Peter Voser.

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