Rosneft to develop shelf deposits with the Japanese
Edited by Rhod Mackenzie / 2011-06-07 02:46:46
Russia Inpex Itochu Japan Oil and Gas Jogmec Mitsubishi Mitsui Russia Oil and Gas Sumitomo Gas Oil Rosneft
Rosneft has decided to cooperate with the Japanese on the shelf of Magadan and East Siberia after a conflict with its Chinese partners. According to the local media, the Russian oil company will give up to 49% to a consortium of Japanese investors in the JV on exploration and development. The Inpex Corp., Japan Oil, Gas and Metals National Corp. (JOGMEC) and oil traders might join the consortium.
