Chevron hopes Ukraine addresses concerns about shale drilling deal

08/20/2013 | Reuters

The Ivano-Frankivsk Regional Council in Ukraine rejected Chevron's draft shale natural gas production agreement with the Ukrainian government covering the Olesska shale field. Council members said they are worried about the potential environmental effects of the project. "Chevron looks forward to understanding how the Ukrainian government plans to address the concerns raised by the Ivano-Frankivsk Regional Council which will enable us to move forward expeditiously to implement this strategic project," Chevron said.

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