Chinese Companies to Work with Rosneft in the Russian Arctic

Tuesday 17 November 2015

Russia's Rosneft is in talks with Chinese companies to allow them to take part in its offshore Arctic projects, the RIA news agency quoted Russian Deputy Energy Minister Anatoly Yanovsky as saying on Monday.

Rosneft has suspended drilling in Arctic Kara Sea in 2014 after U.S. ExxonMobil (XOM.N) withdrew from the project because of Western sanctions over the Ukraine crisis.

Source: Reuters

Related Discoveries