OREANDA-NEWS. September 03, 2013. Ambassador of the United States to Ukraine Geoffrey Pyatt considers that our country can become an energy hub of Europe.

He announced during his meeting with Prime Minister of Ukraine Mykola Azarov.

“We hope that extraction of shale gas could become a good mechanism that will bring economic growth to Ukraine and open new opportunities. Also we believe it will become a certain catalyst that is to facilitate reforming of energy market so that Ukraine could become an energy hub of Europe,” the US Ambassador said.

In turn, Mykola Azarov emphasized that our country was interested in energy cooperation with the USA and the Government would spare no effort so that American ExxonMobil and Chevron could start extraction of shale gas in Ukraine as fast as possible.

“We attach utmost importance to our relations with the USA in energy safety. We have concluded contracts with your companies ExxonMobil and Chevron and hope all the preliminary procedures would be carried out rather fast and the investors could start the development of our shale gas deposits. You can rely on the Government to do all in power so that development of the deposit could commence as soon as possible,” Mykola Azarov said.