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Ukraine and ExxonMobil postpone signing of Black Sea natural gas PSA
Journal Staff Report

KIEV, Dec. 26 - Ukraine and ExxonMobil delayed by another month the signing of the production sharing agreement on a major Black Sea natural gas field, Energy and Coal Industry Minister Eduard Stavytskiy said.

The agreement on the Skifske field, capable of producing up to 10 billion cubic meters of gas annually, is now planned to be signed in January 2014, not in November as had been originally expected.

“The agreement is ready,” Stavytskiy said at a press conference Wednesday. “We have moved [the signing] to January by mutual consent.”




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