New Regulation On Environmental Impact Assessment

On 23 May 2017 the Parliament adopted the Law of Ukraine "On Environment Impact Assessment" (the Law). Reference - http://zakon0.rada.gov.ua/laws/show/2059-19.

The newly adopted Law requires mandatory assessment of impact (both direct and indirect) on the environment of certain industrial objects and activities, such as, among others:

• The extraction of mineral resources
• The storage and processing of hydrocarbon crude
• Hydro-power plants
• Wind-power plants with two or more turbines with a height exceeding 50 meters
• Oil and gas processing plants
• CHP stations
• Facilities for the production and enrichment of nuclear fuel
• The extraction of oil and natural gas from the continental shelf