Bashneft starts the procedure of the transfer of the license for Trebs and Titov field to its joint venture with Lukoil

Bashneft has started the procedure of the transfer of its license for the Trebs and Titov fields in the Nenets autonomous district to its joint venture with Lukoil – the operator of the project Bashneft-Polyus, the company reports.

“Currently, according to decisions of the company’s Board and within the legislation, Bashneft takes the necessary measures to transfer the license for the Trebs and Titov fields to its joint venture with Lukoil - Bashneft-Polyus, which is the operator of the project,” – the report says.