Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
Prominent Russian adventurer Konyukhov to take samples from Mariana Trench floorSociety & Culture January 20, 19:15
Gazprom CEO says North Stream-2 pipeline proves relevanceBusiness & Economy January 20, 19:10
More survivors found in avalanche-hit Italian hotel — mediaWorld January 20, 18:48
Donald Trump takes office as 45th US PresidentWorld January 20, 18:21
MOSCOW, September 14. /TASS/. Russia’s Federal Antimonopoly Service (FAS) has approved BP’s request to buy a 49% stake of the Yermak Neftegaz joint venture it creates Russian state-owned oil company Rosneft, the regulator said.
Rosneft will own 51% in the joint venture.
Earlier the antimonopoly regulator in Germany approved the acquisition of the stake in Yermak Neftegaz by BP.
In June, at the St. Petersburg International Economic Forum Rosneft and BP signed a legally binding agreement on creation of a joint venture to develop promising resources in Eastern and Western Siberia. BP is to allocate $300 mln in two tranches as its contribution to the financing of the joint venture on the stage of geological explorations. The joint venture will conduct geological explorations on the total area of about 260,000 square km.