Shale player pulls plug on Ukraine
London (UPI) Jan 7, 2015 -
The economic climate in Ukraine is no longer
conducive to continue investing in shale natural gas opportunities,
producer JKX Oil & Gas said Wednesday.
"The board of JKX has decided that the combination of Ukrainian
Government-imposed restrictions on selling its gas to industrial clients
and the punitive rate of gas production tax requires the company to
suspend its planned 2015 capital ...
morehttp://www.oilgasdaily.com/reports/Shale_player_pulls_plug_on_Ukraine_999.html
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
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