Bashneft and Lukoil put into operation Trebs and Titov
Edited by Rhod Mackenzie / 2013-10-23 05:50:51
Bashneft and Lukoil held a ceremony putting into operation Trebs and Titov deposits. The partners expect that their JV Bashneft-Polyus will obtain the license for this asset soon.
“Trebs and Titov is the export potential of Timano-Pechora Region”, the vice-PM Arcady Dvorkovich said yesterday. The extraction at the deposits started in August. “Though the requested start was in 2018, we put the deposits into operation in 2013. This is economically profitable for Russia. Such deposits have never been implemented within such a limited time before!”, the President of Lukoil Vagit Alekperov said in September.
