Ukraine plans to receive Hr 3 billion in premiums to the general fund of the national budget in 2014 for the signing of production sharing agreements (PSAs).
The projected indicator is stipulated in the revised draft law on the national budget for 2014.
As reported, the 2013 budget foresees revenues of Hr 3 billion in premiums for the signing of PSAs.
The premium is set as an obligation for an investor and it is one of
the factors taken into account in selecting the winners of tenders.
Ukraine in 2012 conducted three tenders for production sharing
agreements on the Yuzivske (Kharkiv and Donetsk regions), Oleske (Lviv
and Ivano-Frankivsk regions) and Skifske fields (the Black Sea shelf).
The winners in the tender to develop Skifske deposit was a consortium
led by U.S. ExxonMobil (40%, the operator), Shell (35 percent), Austria’s OMV
in the face of Romanian subsidiary Petrom (15%) and Nadra Ukrainy (10 percent).
Ukraine in 2013 signed a production sharing agreement (PSA) with Eni
(Italy), Electricite de France (EDF, France), Chornomornaftogaz and
Waters of Ukraine LLC for the development of the Subbotina, Abikha,
Mayachna and Kavkazka hydrocarbon blocks of the Black Sea shelf.
Ukraine plans to conduct tender to sign PSAs for another three oil and gas fields in the country.
