Eni To Produce Shale Gas In Ukraine
From Steel Guru
AFP reported that Italian energy giant Eni has entered a project to produce shale gas in the Lviv region of western Ukraine amid Kiev’s attempts to find alternatives to Russian natural gas.
Eni has signed an agreement with Ukraine”s state owned Nadra Ukrayny and Cadogan Petroleum, an independent oil and gas producer with onshore gas assets in Ukraine, to buy a 50.01% stake in Westgasinvest, which holds rights to nine shale gas license areas in the Lviv Basin, totaling nearly 3,800 square kilometers.
