03/07/14

Permalink Ukraine signs $10 billion shale gas deal with Chevron [Nov 5, 2013]

Ukraine signed a $10 billion shale gas production-sharing agreement with U.S. Chevron on Tuesday, another step in a drive for more energy independence from Russia. The deal to develop its western Olesska field followed a similar shale gas agreement with Royal Dutch Shell (RDSa.L) in January and boosts Ukraine's leadership at a time of fraught relations with Moscow over gas supplies. "The agreements with Shell and Chevron ... will enable us to have full sufficiency in gas by 2020 and, under an optimistic scenario, even enable us to export energy," President Viktor Yanukovich told investors shortly before the signing.

[He had to go. -But wasn't Yanukovych a duly elected president? Yes, he was. Rothschild & Friends selected him themselves for his election in 2010...so they already knew that. But it still wasn't enough. They wanted more.]

Paul Craig Roberts The Looting Of Ukraine Has Begun

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