Russian gas monopoly Gazprom is considering various options of the oil company Lukoil’s participation in Gazprom’s Eastern Gas Program and gas exports to China, a source familiar with the negotiating process told ITAR-TASS on May 26.
JSOC Bashneft and OJSC Lukoil have established a new joint venture (JV), LLC Vostok NAO Oil Company, to conduct geological exploration and prospecting and produce hydrocarbons at the companies’ license areas in the Nenets Autonomous District, Bashneft’s press office said
The Federal Subsoil Resources Management Agency (Rosnedra) made amendments to JSOC Bashneft’s licence for geological exploration and production of hydrocarbons within a subsoil area including the R. Trebs and A.
Oil major Lukoil is establishing a new regional subsidiary and prepares for the investment of €1,4 billion in the Nenets Autonomous Okrug, Barents Observer reported on March 20.
“We are ready to handle the increase in demands”, Director of the Naryan-Mar Commecial Port Ivan Chemko underlines, Barents Observers reported on March 13.