Date: 10 months ago   Category: Energy

CNPC will get minority shares in projects of Rosneft in Siberia — Rambler News Service


Photo: Rosneft and China National Petroleum Corporation (CNPC) have signed with globallookpress.com the agreement on cooperation in the field of exploration and production in Russia, the Russian company reports. The document has been signed within East economic forum. Under the terms of the agreement of CNPC has an opportunity to get minority shares in large oil and gas projects of Rosneft, in particular in Eastern and Western Siberia. Besides, the parties have agreed to consider the offer of CNPC on rendering on the market principles of services for these fields in the field of geological exploration, development and extraction of hydrocarbons.

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