KYIV, Nov 23 – The Cabinet of Ministers has approved the terms of a production sharing agreement (PSA) within Ichnianska hydrocarbon area with York Energy (UK) Holdings Limited (Great Britain, a branch of the American oil and gas company Alpha Energy).

According to resolution No. 1476-r of November 8, 2021, promulgated on the government portal, First Deputy Minister of Energy Yuriy Vlasenko is authorized to sign the PSA, the authorized body for the implementation of the agreement is the State Service of Geology and Subsoil.