The joint venture of Gazprom Neft and Shell has been granted 3 licenses for the sites in the Khanti-Mansi autonomous area this year

The joint venture of Gazprom Neft and Shell has been granted 3 licenses for the sites in the Khanti-Mansi autonomous area this year, the Vice CEO of Gazprom Neft V. Yakovlev says. The licenses were raised on tender basis. They are granted for 5-7 years.

In 2013, Royal Dutch Shell and Gazprom Neft founded the joint venture Khanti-Mansi Oil Alliance CJSC for shale oil development in the region.

Translated by Nadezhda Poltoratskaya

Source:   http://energo-news.ru/archives/116477

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