UN secretary-general offers Lavrov condolences on Churkin’s deathWorld February 21, 19:53
OPEC does not see problems regarding growth of Russian oil exportBusiness & Economy February 21, 19:46
Kremlin to bake 100,000 pancakes for MaslenitsaSociety & Culture February 21, 19:23
Production of Mercedes Benz cars to start in Russia in 2019Business & Economy February 21, 18:43
UN Security Council holds a minute of silence in memory of Russia’s deceased envoyWorld February 21, 18:30
Russia and US might launch joint operations against terrorists in Raqqa — ministerWorld February 21, 18:17
Ankara’s talks with Moscow over purchase of S-400 go on positivelyMilitary & Defense February 21, 18:07
Russia's Autovaz starts Lada Vesta sales in GermanyBusiness & Economy February 21, 17:31
Syrian opposition’s Moscow Group to take part in Geneva talksWorld February 21, 17:21
MOSCOW, November 18. /TASS/. Russia’s top oil producer Rosneft is due to unveil its plan on works on the Arctic shelf with due account of Western sanctions until the end of 2014, Russian Minister of Natural Resources and Environment Sergey Donskoy said on Tuesday.
“You know the story with Exxon and other companies. Therefore, Rosneft is searching for alternative options and at least by the end of the year, our colleagues have promised to introduce their assessment on how they are going to further develop the project,” the minister said.
US energy giant ExxonMobil suspended cooperation with Rosneft on a shelf of the Kara Sea in September amid the Western sanctions. The Russian company later pledged to continue drilling on its own.
“China has announced its interest to the Arctic,” Donskoy said. “I think Rosneft has to independently choose partners out of countries which have not sanctioned Russia, and therefore here will be the final choice,” he added.
“We are ready to consider the proposals from those who are interested in participating in the project,” Donskoy said.
The sectoral sanctions imposed by the United States against Russian oil and gas companies over Moscow’s stance on developments in neighboring Ukraine prohibit US firms from supplying a considerable part of high-tech equipment for new projects.