In Re (#06 June 2014)

Permits to Use Oil and Gas Mineral Deposits in Ukraine

by Alexey A. Kot, Ivan G. Zievakov

On 9 April 2014 the Verkhovna Rada of Ukraine adopted the On Entering Amendments to Several Legislative Acts of Ukraine as for Reducing the Number of Permit Documents Act of Ukraine. The Act cancelled for about 113 permit documents but such liberalization did not cover oil and gas recovery. According to the general rule, oil and gas recovery (as well as recovery of other mineral resources in Ukraine) are performed in case of obtaining a special permit on subsoil use.

According to the general rule, oil and gas recovery (as well as recovery of other mineral resources in Ukraine) are performed in case of obtaining a special permit on subsoil use…

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