The EU and Ukraine are intensifying cooperation in the field of critical raw materials and batteries with the view to launch a Strategic partnership on Critical Raw Materials . Recently Ukrainian Geologic Survey joined the European Raw Materials Alliance and the European Battery Alliance to foster development of sustainable, responsible and integrated raw materials supply … Read more
Presented 30 proposals of strategic and critical minerals to reputable audiance of Central Eastern Europe & Caspian Scout Group. Traditionally, oil and gas licensing rounds are in top-interest.
The European Commission launched the European Battery Alliance in October 2017 to address the massive migration from fossil to electric. The annual market value is estimated at €250 billion from 2025 onwards. For Europe, the establishment of a complete domestic battery value chain is imperative for a clean energy transition and a competitive industry. Today, … Read more
ERMA network consists of more than 200 partners from over 30 countries from and outside of Europe across the entire raw materials value chain, covering primary raw materials extraction and processing. ERMA contributes to ensure a reliable, secure and sustainable access to critical, strategic and advanced raw materials. In October, 2020 Ukrainian Geological Survey became … Read more
In 2020 Ukrainian Geological Survey kept following three key principls: ▫️ Restoring Trust and Confidence; ▫️ Improving Efficiency of Mineral Resources Use; ▫️ Attracting Investment to Explore Ukrainian Mineral Resources. In 2020 we managed to:▪️ Run One stop shop to provide consultations and set up one center for purchase of geodata and license cost calculation.▪️ … Read more
The total acreages of licences are over 9.500 km2, during first five years $390 millions have been invested, 38 new exploration wells have been drilled and almost 2800 3D seismic will be carried out. Great step forward to bring investment in the domestic oil and gas upstream industry!
Ukraine’s GeoSurvey meets current challenge, conducting auctions online. Today five leading domestic hydrocarbons producers auctioned for 170 sq km petroleum acreages in Poltava region. The E&P license for 20 year period was sold for 24 million. That is the largest bid for energy and minerals resources in Ukrainian history. Budytchano-Chutivska block was grabbed by private … Read more
