KIEV, June 2 - Naftogaz Ukrayiny is in talks with Statoil ASA of Norway seeking joint exploration and extraction of hydrocarbons on Black Sea shelf and also tapping shale gas deposits, the Ukrainian company reported Thursday.

The latest round of talks between Naftogaz and Statoil was held late May, and the Norwegian company is currently reviewing Naftogaz’s cooperation agreement proposal, Naftpgaz said.