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The Pallas gas field is an offshore natural gas field located on the continental shelf of Ukraine in the north-eastern part of the Black Sea. It covers area of 162 square kilometres (63 sq mi). The estimated 157 billion cubic meters of natural gas in place. Recoverable reserves are estimated 75 billion cubic meters of natural gas and 490 million metric tons of oil.

Originally, the license to explore the Pallas deposit was owned by the Ukrainian company Chornomornaftogaz. In March 2007, Chornomornaftogaz, Naftogaz Ukrainy, and Russian gas company Gazprom signed a trilateral protocol on intentions of joint development of the field. In January 2010 the license to develop the gas field was issued by the Ukrainian government to Naftogaz Ukrainy. On 1 December 2010, Gazprom announced it was agreed to establish a joint venture of Naftogas and Gazprom to develop the Pallas field. This was not confirmed by the Ukrainian Fuel and Energy Ministry.

References

1. ^ "Gazprom creates two joint ventures with Ukraine". Kyiv Post. Interfax-Ukraine. 2010-12-01. Retrieved 2010-12-01.
2. "Ukrainian, Russian firms plan joint gas drilling on Black Sea shelf". BBC Monitoring International Reports. BBC Monitoring International Reports. 2007-01-22. Retrieved 2010-12-01.
3. "Cabinet permits Naftogaz to develop Pallas gas field". Kyiv Post. Interfax-Ukraine. 2010-01-14. Retrieved 2010-12-01.

v t e Energy in Ukraine
Oil	Dolynske Hlynsko-Rozbyshevske Hnidintsivsky Kachanivsky Lelyakivsky Lopushna Prykerchenske Prilukskoye
Natural gas	Arkhangelske Bezimenne Foroska Holitsynske Odeske Oleska Pallas Pivdenno-Holitsynske Shmidtivske Shebelinka Skifska Shtormove Yuzivska
Coal	Almazna Bazhanov Bilozerska Bilorichenska Bilytska Pokrovs'ke Chervonokutska Dobropilska Faschivska Hirske Hlyboka Kalinin Kholodna Balka Kirov Komsomolets Donbasu Krasnolymanska Molodohvardiiska Pivdennodonbaska 1 Pivdennodonbaska 3 Svitanok Skochinsky Kapitalna Sukhodilska–Skhidna Vinnytska Yasynivska–Hlyboka Zasyadko Zhdanivska Zhovtnevyi Rudnyk Zuivska
Nuclear	Khmelnytskyi Rivne South Ukraine Zaporizhzhia

v t e Black Sea energy
Oil fields	A-T Anastasievsko-Troitskoye B-T C-T Cobza D-T Delta IV Delta VI Eugenia Eugenia South Gîsca Irina Lebăda Est Lebăda Vest Midia SE Mihaela Olimpiysky Pescăruș Prykerchenske Sinoe Subbotin Tuapse Tyulenovo Val Shatsky
Natural gas fields	A–E Akçakoca Ana Anca Arkhangelske Balaur Bezimenne Bianca Chaika Clara Cobălcescu Doina Domino East Cobălcescu Florina Foroska Galata Gina Holitsynske Ioana Izgrev Kaliakra Kaliakra East Kamchia Lira Luceafărul Maria Miorița Muridava Nadia Obzor Odeske Pallas Paula Pelican South Pivdenno-Holitsynske Ropotamo Sakarya Shmidtivske Shtormove Skifska South Cobălcescu
Pipelines	AGRI AMBO Baku–Batumi Baku–Novorossiysk Baku–Supsa Blue Stream BRUA Burgas–Alexandroupoli Caspian Pipeline Consortium Grozny–Tuapse Odesa–Brody PEOP Samsun–Ceyhan Balkan Stream South Stream TurkStream White Stream
Refineries	Lukoil Neftohim Burgas Petromidia
Oil terminals	Kulevi Midia Novorossiysk Tuapse

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