Ukraine set to sign landmark $10 billion shale gas deal with Shell

Posted by Reuters: Richard Balmforth on January 24th, 2013
Reuters: Ukraine will take a first major step away from dependency on Russian gas supplies on Thursday when it seals a $10 billion shale gas deal with Royal Dutch Shell (RDSa.L). Due to be signed at the World Economic Forum in Davos, the production sharing agreement will mark the biggest contract yet to tap shale gas in Europe and the largest single foreign investment in the former Soviet republic. Shell has not publicly confirmed the deal. But the Ukrainian government signed off on it on Wednesday......

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