Keywords: public-private partnership, shale gas, characteristics of shale formations, gas content, wells productivity, the cost of unprofitable shale gas extraction, investment efficiency, capitalization of shale gas resources.×


The article considers the possibilities of using the institution of public-private partnership in the development of natural gas resources from shale formations. The economic expediency of using public-private partnership in the development of these resources is due to the need to overcome deficiencies in the existing system of nature management and the use of an effective institute of civil ownership of natural resources. Features of public-private partnership in the development of natural resources, the possibility of applying various types of transactions, methodical approaches to the formation of information necessary for their conclusion, relating to the content of gas in slate formations, forecasting the productivity of wells, the marginal cost limits, at which a profitable extraction of shale gas is possible , capitalization of shale gas resources. The criteria for the selection of the most promising zones of "sweeps spots" (sweet places) are established on significant areas of their distribution, which is the main task of exploration for the purpose of exploration, exploration and extraction of shale gas. It was investigated that the institutions of financing shale gas extraction are important in concluding public-private partnership agreements, the key role of which is the capitalization of natural resources - the process of conversion of factors of production into capital. The method of capitalization of shale gas resources in the subsoil is described, which will enable application of the concept of project investment.

 The directions of perfection of the institute of public-private partnership during development of shale gas resources are determined.

Key words: public-private partnership, shale gas, characteristics of shale formations, gas content, wells productivity, the cost of unprofitable shale gas extraction, investment efficiency, capitalization of shale gas resources.


The Energy Strategy of Ukraine for the period up to 2030 [Electronic resource]. - Access mode: // http: //

Heinz V. M. Transformational transformations in Ukraine: rethinking the past and thinking about the future / V. M. Heinz // Economics of Ukraine. - 2008. - № 5. - p. 7–16.

Danylyshyn BM State-private partnership - a strategic form of interaction between government and business / B. M. Danylyshyn // Legal News Online [Electronic resource] - Access mode: / 2 /.

Application of Public-Private Partnership in the Field of Innovative Development of the Coal Industry: Collective Monograph / National Academy of Sciences of Ukraine, Institute of Economics of Industrial Design. - Kyiv, 2017. - 196 p.

Concession as a form of public-private partnership: the essence, advantages and disadvantages of application [Electronic resource] / D. V. Popovich // Economy: realities of time. Scientific Journal. - 2015. - No. 1 (17). - P. 49-53. - Journal access:

Zapatrina I. Acceleration of a public-private partnership in Ukraine does not arouse any interest in power [Electronic resource] / I. Zapatrina // Business. - 2015. - 24 April. - Mode of access: zyvaet-interesa-u-vlasti-Irina-Zapatrin-234415 /.

Butenko N. V. Development of partnership in the national economy: monograph / N.V. Butenko; Academy of Sciences of Ukraine, Institute of Economics of Industry. - Kyiv, 2015. - 358 p.

Zalozna S. S. Public-Private Partnership in Ukraine: State, Problems and Prospects of Development / Yu. S. Zalozna, N. V. Butenko, I.P. Petrova // Economic Bulletin Donbass. - 2016 - No. 2 (44). - P. 21-28.

Zaharina O. V. Public-Private Partnership as a Mechanism for the Development of the Infrastructure of the Region / Yu. V. Zakharina, L. I. Simonenko, M. I. Saykevych // State Administration: Improvement and Development [Electronic resource] - Access mode: http: //

Afanasyeva L. M. Theoretical and Methodological Principles of Public-Private Partnership Development in Ukraine / L. M. Afanasyeva // Bulletin of the University of Dnipropetrovs'k. The series "Economics". - Dnipropetrovsk, DNU named after O.Gonchar, 2015. - Vip. 9 (2). - P. 3-10.

Simson O. E. Legal model of public-private partnership in the innovation sphere: monograph / O. E. Simson. - X.: Right, 2013. - 448 pp.

Simak S.V. Institutional Development of Public-Private Partnership: Theory, Methodology, Mechanisms of Public Administration: Monograph / Simak S.V. - Kyiv: AUC, 2016. - 392 p.

Blondal J. R. International Experience Using Outsourcing, Public Private Partnerships and Vouchers. - Arlington VA: IMB Centre for the Business of Government, 2005. – 48 р.

Public-private partnership: from the idea to the choice of a private partner / Collective work edited by: Rafał Cieślak and Bartosz Korbus. - Warsaw, 2014. - 114 р.

Patrinos H., Barrera-Osorio F. and Guáqueta J. The Role and Impact of Public-Private Partnerships in Education The World Bank, Washington, DC, 2009. – p.116

Robertson S. L. and Verger A. Governing Education Through Public Private Partnerships, published by the Centre for Globalisation, Education and Societies,University of Bristol, Bristol BS8 1JA, UK. – 2012. - [Електронний ресурс]. – Режим доступу:

Shurba A. Yu. Public-Private Partnership as an Object of Theoretical and Economic Studies / A. Yu Shurba // Economy and the State. - Kyiv, 2016. - No. 3. - P. 78-81.

Law of Ukraine dated 01.07.2010 № 2404-ІІ "On public-private partnership" [Electronic resource]. - Access mode:

Concept of public-private partnership development in Ukraine for 2012-2017 years - [Electronic resource] - Access mode: .pdf

Bystryakov I. K. Development of mechanisms of municipal management of natural resources in conditions of decentralization of power / I. K. Bistryakov, V.V. Moroz, D.V. Klinovy // Uchenye zapiski TNU named after VI Vernadsky Series: Economics and Management. Volume 28 (67). No. 1, 2017. - P. 94-104.

Development of non-traditional hydrocarbons in Ukraine: ways of using socio-economic benefits [G. L. Ryabtsev, V.V. Tertychna, S. V. Sapiegin, O. V. Berdanova] - K.: Psyche, 2015. - 192 p.

Vytvitsky Ya. S. World Experience in Shale Gas Production / Ya. S. Vitvitsky, O.V. Lebesha // Scientific Bulletin of the Ivano-Frankivsk National Technical University of Oil and Gas: Series Economics and Management in the Oil and Gas Industry. - Ivano-Frankivsk: IFNTUNG, 2016. - No. 1 (13). - P. 40-52.

Lukin A. E. Shale gas and prospects of its extraction in Ukraine. Article 1. The present state of the problem of shale gas (in light of the experience of mastering its resources in the USA) / A. E. Lukin // Geol. journ - 2010. - No. 3. - P. 17-33.

Non-traditional sources of hydrocarbons in Ukraine: monograph in 8 books. Kn. 1. Non-traditional sources of hydrocarbons: a review of the problem / І.М. Kurovets and others; National joint stock company "Naftogaz of Ukraine" and others. - K .: Nika-Center, 2014. -208c.

Methodical guidelines for estimating the gas resources of the slate strata. Order of the State Commission for Mining Reserves No. 625 dated December 29, 2012 - K .: DC, 2012. - p. 22

Lukin A. Ye. Hydrocarbon potential of great depths and the prospects for its development in Ukraine / A. Ye. Lukin // Geophysical journal. - 2014. - №4. T. 36. - p. 3-23.

Vytvitsky Ya. S. Estimation of prospects for the extraction of natural gas from slate rocks / Ya. S.Vitvitsky, Petrovsky O.P., O.V. Lebega, N.P. Kuhar // Naftogazovaya branch of Ukraine. - Kyiv, 2017. - No. 4. - P. 3-7.

Lebega O. Use of correlation-regression analysis for estimation of prospects of natural gas extraction of shale rocks / Olga Lebega, Yaroslav Vytvitsky // EUREKA: social and humanities, еconomics, econometrics and finance, 2017. - Volume 4 (10). – Р. 37-43.

Boyer C. Shale gas - a global resource / C. Boyer, B. Clark, R. Llys, K. K. Miller // Oil and Gas Review. - 2011, volume 23, №3 - p. 36-51. @ Copyright 2012 Schlumberger.

Vytvitsky Ya.S. Modeling of economic indicators for shale gas extraction / I. S. Vytvitsky, O. V. Lebesha // Scientific Bulletin of Uzhgorod National University: Series International Economic Relations and World Economy. - Uzhhorod: UNU, 2017. - №14, part 1. - pp. 41-45.

Vytvitsky Ya. S. Capitalization of Natural Gas Resources of Shale Formations / Ya. S. Vytvitsky, O. V. Lebesha // Economic Analysis. - Ternopil, 2018. - Volume 28. - No. 1. - P. 11-17.

Order of the State Property Fund of Ukraine dated February 5, 2004 № 236. / State newsletter on privatization. - K .: SPFU. - No. 4, 2004. - P. 51.

Vytvitsky Ya. S. Taking into account the time factor for the development of natural gas deposits in slate rocks / Ya. S. Vitvitsky, O. V. Lebesha // Bulletin of the Volyn Institute of Economics and Management. - Lutsk, 2017. - No. 18. - P. 63-74.

How to Cite
Vytvitskyi, Y. S. (2019). PUBLIC-PRIVATE PARTNERSHIP IN THE DEVELOPMENT OF SHALE GAS RESOURCES IN UKRAINE. Scientific Bulletin of Ivano-Frankivsk National Technical University of Oil and Gas (Series: Economics and Management in the Oil and Gas Industry), (1(19), 7-20.