preloader

News

Ukraine Energy News

Ukraine Energy News

Ukraine plans to sell subsoil licences to four oil and gas blocks in April 2021

The State Service of Geology and Subsoil of Ukraine has published information about four oil and gas areas which will be put for the upcoming auction for the sale of special permits for subsoil use. It is expected that the public sales will take place on 21 April 2021 on the public e-procurement system ProZorro.

Please find general information about the subsoil areas in the table below.




Name of the special permit


Type of minerals Type of the permit Location Cost of the 
auction documentation, UAH
Initial cost of the lot,
UAH
Shcherbakivsko-Shkurupiivska Ploshcha

 Oil,
natural gas,
condensate


Geological study of oil and gas subsoil, with
further
oil and gas production,
(commercial field development)
Poltava region 7,481,985.80 12,725,930
Liuchkivsko-Berezivska Ploshcha Oil,
natural gas,
condensate
Geological study of oil and gas subsoil, with
further
oil and gas production,
(commercial field development)
 


Ivano-Frankivsk region 2,216,578.57 7,314,540
Yuliivske Rodovyshche (Zolochivskyi Blok)
 
Natural gas,
condensate,
accompanying useful
components:
ethane, propane,
butane, helium


Production Kharkiv region 4,840,990.86 58,743,190
Skhidno-Kosmatska Ploshcha
Oil,
natural gas,
condensate


Geological study of oil and gas subsoil, with
further
oil and gas production,
(commercial field development)
Ivano-Frankivsk region 1,691,099.67 11,345,080

Please note that auction participants are required to purchase the auction documentation at the cost of UAH 72,550 (including VAT) per each block (around EUR 2,150).

More detailed information about the blocks, including their coordinates, overview of the geology, geological information produced and available, work programmes, etc., as well as specific requirements to auction participants can be found on the auction platform (please use links in the table above).

Such information is available in Ukrainian only, but we would be glad to provide you with further details about this investment opportunity.

CMS Team