Rosnedra has extended the license of Rosneft for Ust-Balyk site until mid 2075

​Rosnedra has extended the license of Rosneft for oil and gas extraction at the Ust-Balyk site in the Khanty Mansi Autonomous Area until June 21st 2075.

Rosneft was issued a license in November 2006 which was valid until June 21st 2039.

The volume of proved reserves of the Ust-Balyk site is 7.563 mln tons of oil and 634 mln cubic m of gas.

Rosnedra has extended the license of Rosneft for exploration and extraction of hydrocarbons at the Khankal license site in Chechnia until March 1st 2040.

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