Lukoil and Bashneft have not agreed about exchange transactions at Trebs and Titov as yet
Edited by Rhod Mackenzie / 2013-09-30 09:59:19
Lukoil and Bashneft, developing the large Trebs and Titov deposit, have not agreed about exchange transactions on oil extracted at the deposit at as yet, but are going to follow to all license demands, the chief of Lukoil V. Alekperov says. They have started trial and production exploitation of the deposits.
Currently the investor is Bashneft Polyus that develops and will sell oil. Until oil production at the deposits is low, it will be exported. Now Lukoil supplies to Bashneft’s oil refineries 6-7 million tons of oil annually.
