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Frontera sues Ukraine to cancel tender for development of the Dolphin hydrocarbon field
Journal Staff Report

KYIV, Aug 7 – Frontera Resources Ukraine LLC on August 7 filed a lawsuit to Kyiv's District Administrative Court against the Ministry of Energy and Coal Industry of Ukraine, as well as the interdepartmental commission for organizing the signing and implementation of production sharing agreements (PSA), in which it demands to cancel the results of the tender for the development of the Dolphin hydrocarbon section on the shelf of the Black Sea.

According to the press service of the company, Frontera considers the actions and decisions of the commission, as a result of which the American company Trident Black Sea Inc. was determined as the winner of the tender, to be illegal. In particular, they said that the commission has exceeded its powers stipulated by the legislation of Ukraine, approved decisions that contradict government acts and violate the procedure of conducting the tender with regard to the timing of determining the winners.




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