Full Audit of Strategic Extraction Permits
The Ministry of Economy will conduct a comprehensive audit of all special permits issued for the extraction of resources at strategically important fields. According to Prime Minister Yulia Svyrydenko, the goal is to determine which license holders are actively producing and which are holding permits without extracting resources.
Facilities that fail to show results will be returned to auction for acquisition by bona fide investors, ensuring that strategic resources are developed efficiently.
Restarting Hydrocarbon Tenders
The Cabinet of Ministers has also decided to restart tenders for the distribution of hydrocarbons at the Mezhyhirskaya and Svichanskaya areas. Updated terms include:
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Right for the U.S. partner to purchase the extracted products.
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A guarantee that other participants will not receive more favorable terms.
These measures are part of the implementation of the U.S.-Ukrainian agreement on the creation of an investment fund for reconstruction.
U.S.-Ukrainian Investment Fund for Reconstruction
The investment fund was formally launched after a series of key steps:
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April 30 – Agreement signed between Ukraine and the U.S.
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May 8 – Ratification by the Verkhovna Rada.
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May 12 – Law signed by President Volodymyr Zelensky.
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May 23 – Official completion of all launch procedures.
The first meeting of the Board of Directors is scheduled for September. Within the next 18 months, the fund plans to implement three initial projects, focusing on post-war recovery and economic development.
Strategic Importance
The combined measures—auditing inactive licenses, restarting tenders, and aligning projects with U.S. partners—are aimed at:
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Boosting energy production from strategic reserves.
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Ensuring transparent and efficient use of natural resources.
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Attracting foreign investment into Ukraine’s reconstruction.
This initiative reflects the government’s focus on resource security and international cooperation in rebuilding the economy.
