Upcoming Shale Boom In Ukraine

Ukraine is on the verge of signing supply agreements with the European Union this month. However, the ever-present issues of payment and dues between Russia and Ukraine threaten the European gas supply. Previously, a gas war in 2009 between the two countries made it difficult for the EU to receive gas. Currently, Gazprom OAO (MCX:GAZP) (OTCMKTS:OGZPY) was demanding the repayment of overdue gas bills from Ukraine.

Ukraine offers potential for shale gas and oil

However, Ukraine is on to something bigger and is less interested in . . .


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