Share Tweet Pocket Add to Bookmarks
You're reading: Letters to the Editor

Dear Editor,

Your piece on Vanco was disappointing, in the sense that there is no content. The company said this and that is normal — did you check? The deal with Vanco is unusual in that the area of the license is huge. In the North Sea, blocks are 220 square kilometers with licenses being two to three blocks. Vanco received more than 12,000 square kilometers, meaning about 20 licenses elsewhere.

Far better for Ukraine would be to split the license between a larger number of companies. The amount of work required is immense and just too much for one company, both in financial terms and in terms of expertise. In addition, not all companies are equally as good at exploration, and luck also plays a part.

Subscribe now

Sign in or subscribe to view this article
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: