KIEV, Feb. 27 - Industrial production of shale gas at the Yuzovska (Kharkiv and Donetsk regions) and Oleske (Lviv and Ivano-Frankovsk regions) sections in Ukraine should start six to seven years after the signing of a production sharing agreement with the winners of the tenders for these fields, according to Volodymyr Ihnaschenko, the secretary of the Ukrainian interagency commission for organizing the singing and implementation of PSAs.

"With the successful implementation of shale gas projects…trial development should be underway at the end of the fourth or the start of the fifth year. We expect industrial production of gas to start sometime around the sixth and seventh year," he said.