Friday, February 3, 2012

Rosneft acquires 35.5% interest in Russian field for $444M

Rosneft has signed a tentative agreement with Sberbank Capital to acquire 35.3% stake in Taas-Yuryakh Neftegazodobycha for $444 million. Taas-Yuryakh holds production licences for the Srednebotuobinsk oil and gas condensate field, which is situated 160 km north of the ESPO pipeline.  Continue reading here..

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