Russian government allocates $39 mln for Vostochny spaceport operationScience & Space August 18, 17:18
US sanctions will not affect construction of Turkish Stream, Akkuyu NPP — energy ministerBusiness & Economy August 18, 16:53
Turkey wants to use national currencies in trade with Russia — economy ministerBusiness & Economy August 18, 16:31
Police detain fourth suspect in Catalonia terror attacksWorld August 18, 16:05
Roscosmos denies cooperation with North Korea in missile technologiesScience & Space August 18, 15:59
Russia has no plans to attack NATO countries — diplomatWorld August 18, 15:38
Barcelona terror attack caused by illegal migration, Hungarian diplomat saysWorld August 18, 15:30
Russian, German top diplomats discuss North KoreaRussian Politics & Diplomacy August 18, 15:28
Spain hopes for cooperation with Russia in fighting terrorismWorld August 18, 14:50
MOSCOW, May 30 (Itar-Tass) - Russia’s oil company Rosneft and China National Petroleum Corporation (CNPC) have signed a number of documents on mutual cooperation on the Russian shelf and in Russia’s onshore territory, Rosneft said in a release.
The blocks in question are those located in the Barents and Pechora Seas (West Prinovozemelsky, Yuzhno-Russky and Medynsko-Varandeisky), as well as onshore blocks in the Irkutsk Region, Krasnoyarsk Territory and Nenets Autonomous Area.
The parties discussed prospects for implementation of joint projects in seismic studies, exploration and hydrocarbon production and signed a number of documents concerning mutual cooperation.
The current cooperation between Rosneft and CNPC is conducted in such spheres the supply of oil under a long-term contract on the purchase and sale of oil; the export of oil, oil products and petrochemicals under tenders; the JV Vostok Energy for the exploration and production of hydrocarbons in the Irkutsk Region, the JV Vostok Petrochemicals for the construction of the Tianjin oil refinery and sale of refined petroleum products in China and on the regional markets (with CNPC).