OREANDA-NEWS. On January 21, 2007 Ukrainian state-owned corporations Chernomorneftegaz and Ukrgazdobycha signed an agreement on cooperative explorations at Odessa and Bezymyanniy gas fields in the Black Sea shelf.

This relatively small transaction spells the finishing stage for the Ukrainian gas market rearrangement.

According to the words of Yuriy Avdeev - press-secretary of Chernomorneftegaz, the company anulled all contracts, concerning Odessa and Bezymyanniy gas fields, with Ukrgaz-Energo (25%-owned by GAZPROM).