KIEV, March 12 – Shell and Ukrgazvydobuvannia will terminate their production sharing agreement on the exploration and extraction of fossil fuel in Kharkiv region.

Shell reported on Thursday that it and Ukrgazvydobuvannia had finished prospecting and exploration under the agreement. Two wildcat wells were drilled: Biliayivska-400 and Novo-Mechebillivska-100 (Pervomaisk and Blyzniuky districts of Kharkiv region).