Sizeable Unconventional Gas Plays News

Ukraine’s oil and gas production appears to have been largely unaffected by the ongoing crisis involving Russia’s annexation of Crimea and the uprising of pro-Russian separatists in the east of the country. Most of the Black Sea state’s producing gas fields are located away from the areas of unrest, therefore through geographical location have avoided disruption. However, Ukraine has lost control of its offshore deposits due to their location in Crimean waters – with the local authorities due to hand over producer Chernomornaftogaz to Russian state-player Gazprom.