Russia Gives Rosneft No-bid Off-shore Sakhalin License

The Russian government has given Rosneft a license to an off-shore section of the Sakhalin shelf without a tender. The instructions giving the state-owned company the rights to e&p rights to the field were signed by Russian Prime Minister Valdimir Putin, Neft Rossii reports.

As reported earlier, at the end of 2009, Rosneft CEO Sergey Bogdanchikov sent deputy prime minister and chairman of the Rosneft board of directors Igor Sechin a letter asking him to speed the issuing of the license in Rosnedr bypassing the tender process for the hydrocarbon block. In 2010, Rosneft plans to acquire six licenses and 25 in total marine licenses by 2020. Specifically, Bogdanchikov pointed out in his letter that all the present oil and gas fields in the Okhotsk Sea, including those in the Sakhalin-1 and Sakhlin-2 projects were discovered by Rosneft units.  

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