SIMFEROPOL, June 10 – The state-run Chornomornaftogaz (Simferopol, Crimea) and Germany's RWE energy concern are studying the submission of a joint bid to obtain a license for one of the fields on the Black Sea shelf, Chornomornaftogaz Chairman Valeriy Yasiuk said at a press conference in Simferopol.

"The pre-preparation stage for exploration work is underway and the submission of a joint bid to obtain a license to explore and drill [a field] is being prepared. It's too early to name the terms. I think that it would be no earlier than H1, 2012," he said.