KIEV, Nov. 16 - The issues of preparing new draft production sharing agreement on the Kerch shelf and participation of Vanco representatives in ad hoc interdepartmental commission for organization, signing and execution of the production sharing agreement was discussed today by Ukrainian Environment Minister Vasyl Dzharty and Vanco Advisor to the Chairman and director in Ukraine John F. Imle.

As Dzharty reported during the meeting, this is the first Production Sharing Agreement with a foreign company, that is why all the documents must be accordingly prepared.