Rockefeller can obtain oil deposits in YNAD and KMAD

Steven Clark Rockefeller, who didn’t manage to buy gas assets of Alrosa, can obtain oil deposits in Russia.

Rockefeller Oil Company Plc. and VTB have arranged the redemption of 100% of Tekhneftinvest which holds 7 blocks with total reserves of 180 million tons of oil and 20 billion cubic metres of gas. The extraction has already started at some deposits. The transaction will amount to about $1 billion.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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