All news

Gazprom, Rosneft have conflict of interests over offshore fields – Russian Natural Resources Minister

Rosneft requests the ministry to give it some fields for which Gazprom has already filed an application

MOSCOW, March 13 (Itar-Tass) – Russian Natural Resources Minister Sergei Donskoy believes that Gazprom and Rosneft have a conflict of interests as concerns the right to explore and develop offshore fields.

The arguments provided by Russia’s state oil giant in its letter to the Natural Resources Ministry “are not too objective, in my opinion,” he told reporters on Wednesday.

Rosneft requests the ministry to give it some fields for which Gazprom has already filed an application.

This issue will be discussed at the level of the government.

Rosneft explains it bids for some offshore fields in which Gazprom has already showed interest, because some deposits in Gazprom’s application should be handed over to its subsidiary – Gazprom Neft.

Rosneft believes that the latter has no sufficient experience in offshore exploration operations.