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The US and EU are ready for talks on oil Crimea
The referendum in the Crimea accession to Russia's plans threaten Exxon Mobil Corporation and ENI for the development of oil and natural gas in the Black Sea shelf. Companies including Exxon and Royal Dutch Shell, intended to invest $ 735 million in drilling on the Ukrainian part of the Black Sea shelf. ENI representatives had expressed willingness to negotiate with the authorities of Crimea.
Director-General of the largest Italian oil company ENI, Paolo Scaroni, the company last week said that he does not know how the situation around the Crimea may affect the fate of the agreement. "We are waiting for the situation to normal. After that, we certainly intend to return to the Crimea and to make contact with those who will be in power - said Scaroni in an interview with CNN. - We have repeatedly found themselves in a situation of change of power in states where are conducting development and, as a rule, confirmed the new government contracts signed earlier ».
«Exxon and Shell are in a situation of legal uncertainty. They were preparing to conclude a deal with the government, which may soon lose jurisdiction over the region ", - quotes Macro Advisory partner in Moscow, Chris Weafer agency Bloomberg.
American company Exxon interested Scythian area. It is located in the Black Sea to the south of the Crimea. Exxon sought to obtain a license the Government of Ukraine to develop the Scythian area after 2012 in neighboring Romania was open field, "Domino" sufficiently large so that the country could potentially become a natural gas exporter.
Senior Vice President of Exxon Mobil Andrew Svayger during a presentation to investors last week said the company is still interested in obtaining a license for the exploration of the Ukrainian authorities. Chairman and CEO Rex Tillerson Exxon said last week that does not take sides in the conflict. Exxon representative in Ukraine Yuri Prikhodko declined to comment on the Crimean referendum and its ability to affect the plans of the corporation, according to Bloomberg.
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Director-General of the largest Italian oil company ENI, Paolo Scaroni, the company last week said that he does not know how the situation around the Crimea may affect the fate of the agreement. "We are waiting for the situation to normal. After that, we certainly intend to return to the Crimea and to make contact with those who will be in power - said Scaroni in an interview with CNN. - We have repeatedly found themselves in a situation of change of power in states where are conducting development and, as a rule, confirmed the new government contracts signed earlier ».
«Exxon and Shell are in a situation of legal uncertainty. They were preparing to conclude a deal with the government, which may soon lose jurisdiction over the region ", - quotes Macro Advisory partner in Moscow, Chris Weafer agency Bloomberg.
American company Exxon interested Scythian area. It is located in the Black Sea to the south of the Crimea. Exxon sought to obtain a license the Government of Ukraine to develop the Scythian area after 2012 in neighboring Romania was open field, "Domino" sufficiently large so that the country could potentially become a natural gas exporter.
Senior Vice President of Exxon Mobil Andrew Svayger during a presentation to investors last week said the company is still interested in obtaining a license for the exploration of the Ukrainian authorities. Chairman and CEO Rex Tillerson Exxon said last week that does not take sides in the conflict. Exxon representative in Ukraine Yuri Prikhodko declined to comment on the Crimean referendum and its ability to affect the plans of the corporation, according to Bloomberg.
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