The Government sells area of the Sakhalin shelf to the Rosneft subsidiary for 830 million roubles.

~The Government has provided JSC "Elvary Neftegaz" (the subsidiary of "Rosneft") with the right to use a Kaigan - Vasyukansk - Sea in the Sea of Okhotsk, the corresponding order was signed by Prime Minister Dmitry Medvedev.

"CJSC "Elvary Neftegaz" payment is estimated at 830.2 million roubles," – the reference to the specified document states. Earlier, a source in "Rosneft" told the "Prime" agency that the company will pay 754 million rubles for the Kaigan - Vasyukansk - Sea area.

"Rosneft" has completed the geological study of the Kaigansk - Vasyukansk licensed area, located on the Sakhalin shelf. The exploration license was registered in Rosnedra in 2013, as solutions on the current phase of the project and the main results are obtained.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer