Date: 4 months ago   Category: Energy

Rosneft has withdrawn the claim to participants of the Sakhalin-I project for 89 billion rubles — Rambler News Service


Photo: Vitaly of Ankov/RIA Novosti "Rosneft has withdrawn the claim to participants of the Sakhalin-I project on 89 billion rubles. In this regard the Arbitration court of the Sakhalin region has stopped proceeding. "The arbitration court stops proceeding in connection with refusal of the claim" — TASS cites the judge's words during the meeting. In the middle of July Rosneft has submitted a claim to the participating companies of the oil and gas Sakhalin-I project to Arbitration court of the Sakhalin region. Five companies act as defendants: Exxon Neftegaz Limited (structure of the American ExxonMobil, share in the project of 30%), "Sakhalin Oil энд Gaz Development" (Japanese consortium Sodeco, 30%), ONGC Videsh Limited (20%) and also Sakhalinmorneftegaz shelf (11,5%) and RN-Astra (8,5%). Through the last two companies "Rosneft" controls 20% in the project. From Exxon and Sodeco Rosneft demanded to exact of 26,7 billion rubles, from ONGC — 17,8 billion rubles. And with Sakhalinmorneftegaz shelf and RN-Astra totally 17,8 billion rubles. In total the sum of the claim was 89 billion rubles. At the end of September the Bloomberg agency with reference to the CEO of ONGC Videsh Narendra Verm has reported that Rosneft and participants of the Sakhalin-I project have agreed about extrajudicial settlement of a dispute. The Sakhalin-I project is implemented by consortium in which Rosneft possesses 20%, to the American ExxonMobil — 30%, the Japanese Sodeco — 30%, the Indian ONGC — 20%.

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