Derzhheonadra expects $1,4 mln from auctioning Kadobnianske field on January 30, 2019

Derzhheonadra (State Service of Geology and Mineral Resources of Ukraine) is announcing auction of permits for development of several gas fields of Ukraine to be held on January 30, 2019. One of the three fields planned for auctioning is Kadobnianske gas field in Ivano-Frankivska oblast (Western Ukraine).

"As of today, we have launch the preparation of the first permit auction of FY 2019. We have placed the announcement about it on webpage of Uriadoviy Kurier newspaper and listed gas fields located in three regions of Ukraine. The starting threshold price of the permits including geological survey information thereto is set at UAH 47. That means that we will contribute these proceeding revenues to the State Budget of Ukraine. The validity terms of permits vary from 5 to 20 years”, said Mr. Oleg Kyrylyuk Acting Head of State Service of Geology and Mineral Resources of Ukraine.

The last day for tender application submittals is December 11, 2018. Interested bidders thus have 75 days for application submittals and preparation of their credential documents. The final registration of approved participants to the auction will be held at 9:00 AM till 10:45 on January 30, 2019, in the Congress Hall of the State Service of Geology and Mineral Resources of Ukraine, located in 16, Anton Tsedik Street, Kyiv, Ukraine.

Additional information about the auction and its participation requirements can be obtained in Room 416, Head Office of the State Service of Geology and Mineral Resources of Ukraine, located in 16, Anton Tsedik Street, Kyiv, Ukraine.

18:09 / 27 September 2018

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