Moscow sees chance to improve Russia-US tiesRussian Politics & Diplomacy August 17, 18:47
Russian cosmonauts launch several nanosatellitesScience & Space August 17, 18:42
Deputy PM Mutko pledges to reinstate Russia’s membership with IAAF in nearest futureSport August 17, 18:22
Russian diplomat calls on all countries to fight against extremist web sitesRussian Politics & Diplomacy August 17, 18:16
Russian Center for Reconciliation calls on Syrians to join anti-terrorism effortsMilitary & Defense August 17, 18:05
Moscow condemns Estonia’s pro-Nazi sports quest Erna RaidRussian Politics & Diplomacy August 17, 18:00
Russian diplomat slams decision on Nazi death camp SobiborRussian Politics & Diplomacy August 17, 17:50
Russia to demonstrate new fixed-wing and rotary drones at Army-2017 forumMilitary & Defense August 17, 17:47
Russia and India may boost cooperation in Far EastBusiness & Economy August 17, 17:13
MOSCOW, June 20. /TASS/. Rosneft, the Russian major oil company, has sealed 57 out of 58 scheduled deals at the St. Petersburg International Economic Forum, the company’s CEO Igor Sechin told the Rossiya 24 television on Saturday.
Rosneft views some of the deals as strategic, especially with the UK company BP establishing a joint venture on the Taas-Yuryakh field, Sechin said.
Besides, the oil giant inked 20 agreements with Russian regions stipulating assistance in social projects and new jobs there.
Rosneft and BP signed an agreement on the joint venture Taas-Yuryakh gas company in East Siberia. The UK company will acquire the 20% participation stake in the project in line with the sealed deal amounting to $750 million.
The joint venture will develop the Srednebotuobinskoe oil and gas condensate field part of Taas-Yuryakh Project, one of the largest in East Siberia, where about 20,000 barrels are produced daily. Along with this, the joint venture will set up infrastructure for further prospecting and developing the region’s resources and both companies will explore an area of 115,000 square kilometres within the zone of mutual interests.
Investors from China along with companies from other countries may become partners of Rosneft, the Russian state-owned oil company, and British BP for developing the Taas-Yuryakh field, Sechin told.
Partnership was on the negotiation table with China’s state-owned companies and with private investors like Skyland Petroleum.
However, "there are other companies we are in negotiations with, we are determined to work with all," Sechin said.
In the past year Rosneft launched the Srednebotuobinskoe oil and gas condensate field part of Taas-Yuryakh Project, one of the largest in East Siberia, where about 20,000 barrels are produced daily. The UK company will acquire the 20% participation stake in the project in line with the sealed deal. Skyland Petroleum is negotiating the purchase of 29% participation stake in the project. BP share is estimated at $750 million.