January 28, 2012
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Rosneft to Remain on Sakhalin-5 Without BP

Rosneft will work on the Sakhalin-5 project without BP due to the latter's leaving the project, Rosneft PResident Eduard Khudaynatov told journalists according to Finmarket.

"We have not hidden that and have talked about the fact that BP is not interested in the project. But we are very interested in it. We are not going to offer it to anyone else.", Khudaynatov said.

Khudaynatov added that a final decision on the British company leaving the project has already been passed. The Rosneft president also said that the company was not in talks with ONGC on the Sakhalin-1 project.

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