Research detail

08.02 2012 20:32:51

Rosneft settles near ESPO

by Vitaly Mihalchuk

It was reported on February 3 that Sberbank sold a 35.3% stake in Taas-Yuryakh Neftegazodobycha for USD 444 million, and that Rosneft is the buyer. The oil major is already developing the vast Vankor field in Eastern Siberia, but in contrast to Vankor, the Taas-Yuryakh-owned fields are in the vicinity of the trunk oil pipeline and do not require sizeable investments in infrastructure.