Gazprom, Ukraine’s Naftogaz start work to set up Black Sea shelf JV

The Russian gas giant Gazprom and Ukrainian national oil and gas company Naftogaz have started setting up a joint venture to develop the Black Sea shelf, Naftogaz Board Chairman Yevhen Bakulin said on Tuesday. “Yes, (we have started),” Bakulin told reporters, adding that the companies were still estimating the likely amount of investment in the […]