Ukraine can put up for electronic auctions up to 40 oil and gas areas in 2019

Ukraine can put up for electronic auctions up to 40 oil and gas areas in 2019

Ukrinform
Ukraine can put up for electronic auctions up to 40 oil and gas areas in 2019, according to Head of State Service for Geology and Subsoil Resources Oleg Kyryliuk.

"Offers from the state in 2019 can reach 40 oil and gas ares and dozens of other areas of mineral resources," Kyryliuk said at a government meeting, an Ukrinform correspondent reports.

He also reminded that the government has simplified access to geological information.

"Now a potential investor will be able to get acquainted with geological information online. Finding geological information will be also easier," said Kyryliuk.

According to him, the procedure for selling geological information by companies will be also simplified.

"It will only be necessary to inform the State Service for Geology and Subsoil that the company wants to sell it,” the head of the State Service for Geology said,

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