Ukrainian NGOs addressed an open letter to global energy companies Shell, ExxonMobil, Equinor with proposals for investment in the energy sector of Ukraine
"While some businesses operate in pursuit of mere profit, others choose to place people and their safety above business earnings. We are grateful for your decision to stop investing in upstream projects in Russia, – this will help us save thousands of lives in Ukraine.
Upon its victory, Ukraine will open opportunities for gas production in its territory. Today Ukraine is already producing about 20 bcm of gas. Investments in new technologies can drive gas production even higher. Ukrainian hydrocarbons are not easy to extract, but as a gas producer, Ukraine can help diversify gas supplies to Europe and other countries.
Ukraine is a democratic country. It is a member of the Extractive Industries Transparency Initiative, and your companies also support this initiative. Ukraine has a legislation on open contracts, reporting requirements for each license, and requirements for environmental and social standards. Our cooperation will be transparent and honest."
Here are the proposals for your consideration:
• INVEST IN UKRAINIAN OIL AND GAS PRODUCTION.
• INVEST IN REFINING BUSINESSES IN UKRAINE.
• INVEST IN THE DEVELOMENT OF RENEWARBLES IN UKRAINE.