Russia to auction off four blocks in Yakutia, one in Volgograd

Rosnedra has said it is going to conduct auctions to sell rights to four hydrocarbon blocks in Yakutia and one in Volgograd Region. The following will be put up for auctions: the Kederginsky block for 3.9mn rubles, the Murbaysky block for 9.7mn rubles, the Nizhnedzherginsky block for 11.9mn rubles and the Srednebiryuksky block for 26.8mn rubles in Yakutia; and the Ambramovsky block in Volgograd Region for 220,000 rubles.

Copyright: Oil and Gas Information Agency, 2014