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                        THURSDAY, MARCH 28, 2024
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Danyliuk backs Groysman’s idea for new competition to develop Dolphin gas field
Journal Staff Report

KYIV, July 29 – National Security and Defense Council Secretary Oleksandr Danyliuk has supported the initiative of Prime Minister Volodymyr Groysman, who intends to propose Ukraine's Cabinet of Ministers review the possibility of announcing a new competition for developing hydrocarbon deposits in the Dolphin sector of the Black Sea shelf under the terms of a production-sharing agreement (PSA).

"The decision on the new competition for the shelf is definitely correct. This competition had to demonstrate that Ukraine is ready to leave 'under-the-rug' deals for processing its deposits. The main problem of the competition was the artificially constrained time limits for analyzing the deposits and preparing bids. Serious companies won't take part in such a competition. If new conditions are approved, it will be necessary to set time limits no less than six months," Danyliuk said on Facebook.




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