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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (176151)1/31/2013 2:56:49 PM
From: Dennis Roth1 Recommendation  Read Replies (2) of 206181
 
FEATURE: Ukraine sets shale gas agenda, but opposition grows
London (Platts)--30Jan2013/506 am EST/1006 GMT
platts.com

LEGAL CHALLENGES

Legal action is being prepared to challenge the Shell deal, both on technical and environmental grounds.

On January 25, Ukraine's second political party mounted a legal challenge against the approval of the Yuzivska project.

The Front for Change party filed a lawsuit seeking to cancel the January 16 approval by the Donetsk council of the Yuzivska project, arguing that it had not been properly debated within the community and could be corrupt...

...Shell is expected to invest $410 million to drill the first 15 wells, Oleh Proskuriakov, the environment and natural resources minister, said earlier in January.

The total area of the Yuzivska field is 7,886 sq km. The deposit could hold 4.05 Tcm of gas, according to the government...
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