Russian oil producers to bid for Norweigan deposits.

Market conditions and sanctions do not interfere there.

"Rosneft" and Lukoil intend to compete for new oil and gas licenses on the Norwegian shelf. Now because of the sectoral sanctions work of oil producers in the Russian Arctic is actually stopped, but it is not prohibited to conduct exploration and production abroad. Thus, Lukoil, deprived according to the Russian law of the right to work on the Arctic shelf in its country, can expect to receive relevant experience in Norway in anticipation of a possible liberalization of access to the shelf in the Russian Federation.

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