Tuesday, February 17, 2015

TTIP USA: First genetically modified apple authorized EU wants debate on new Russia-end suspension


The drilling rights in Ukrainian gas and oil fields sea bulk in the Black Sea are divided among the petroleum companies. Through the Crimean conflict, the companies are now in a legal gray area. If Russia takes over the Crimea, which licenses may be redistributed.
Before the unrest in Ukraine, the group Exxon Mobil, Royal Dutch Shell, OMV Romania and the Ukrainian government NAK Nadra Ukrainy secured themselves to promote the rights, oil and gas in the Black Sea. The group planned to invest about $ 735 million. The two drilled wells should be built 80 kilometers off the coast of southwestern Ukraine.
"Exxon and Shell are now in a legal gray area," said Chris Weafer of the Russian sea bulk economy consulting firm macro Advisory in Moscow. They pursued a "exploration agreement with a government that will soon no longer has jurisdiction in the region," said Weafer to Bloomberg.
Exxon secured the rights to the field in Ukrainian waters after the company in 2012, the so-called "domino box" discovered in neighboring Romania and also there was awarded sea bulk the contract for funding. Exxon still have a strong interest in oil production in the Black Sea, the Group has in the past week.
The largest oil and gas producer in Italy, Eni, has 2013 secured the rights to explore 1,400 square kilometers off the east coast of the Crimea to oil and gas. CEO Paolo Scaroni said last week that he did not like the situation in Crimea sea bulk would affect the license itself.
At this license Eni is a 50-percent stake in proportion, Electricite de France SA holds 5 percent, while state enterprises Vody Ukrainy and Chornomornaftogaz hold 35 percent and 10 percent.
https://www.youtube.com/watch?v=dCnE8XezfXs
German sea bulk Economic News | February 16, 2015, 23:58 clock | 52 Comments
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