Expert Opinion (#11 November 2018)

Draft New Rules on Geological Information in Ukraine: New Hope, or the Empire Strikes Back?

by Pavlo Byelousov, Oleksandr Zablotskyi

In all kinds of literature, the search fortreasure is an important part of the plot representing, inter alia, a simple moral: a great deal of human effort is required to get the ultimate reward. Unfortunately, in the oil and gas and mining sectors it often does not work that way, especially in Ukraine.

Substantial areas of land may be surveyed with no, too little, or only too hard to produce reserves found. Surveying land is not only often fruitless but also costly...

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