KIEV, June 5 – Ukraine has announced tenders for a production sharing agreement for the hydrocarbons that will be produced at the Skifske and Foroske sections of the Black Sea deep-sea shelf.

Participation in the tender costs UAH 1 million. The package of tender documents costs UAH 10 million.

The minimum size of a special royalty payment to the national budget to be made by an investor within 10 days after signing a PSA on the hydrocarbons that will be produced at the Skifske and Foroske sections of the Black Sea deep-sea shelf is set at UAH 2.4 billion for each of them.