Rosneft to develop the shelf with companies from China and South Korea

The will be companies from China and South Korea will help it to develop the Arctic shelf.

Rosneft has found new partners among the Asian companies. Over the last few days the head of Rosneft, I. Sechin, has managed to visit 2 countries –South Korea and China where he held negotiations with the 5 largest Oil and Gas companies in the region. The main result was the signing of the agreement with the Chinese companies on their joint work at the shelf of the Pechora and Barents Seas. Analysts assess positively this possible cooperation and say Rosneft will open a new market for hydrocarbons sales for itself on the account of new partners and accelerate the process of the shelf development.

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