UNA: Italian Eni Expects To Begin Exploration Of Shale-Gas Deposits In Volyn Region In 2014

The oil and gas concern Eni SpA (Italy), which owns 50.01% of the shares in the Zakhidgazinvest company, expects to begin exploration of shale-gas deposits in the Volyn region in the period of June-August 2014, the Volyn regional administration announced in a statement.

The Volyn region's Governor Borys Klymchuk held a meeting with representatives of the Zakhidgazinvest company on October 3 to discuss the possibility of developing shale-gas deposits in Volyn.

"We are looking for opportunities to ensure energy independence of our country, and the projected reserves of shale gas in Ukraine are the fourth largest in the world," said Klymchuk.

The general director of Zakhidgazinvest asked for the regional administration's assistance in conducting laboratory research involving studying the environmental state of the region.  MORE