Rosneft to sell up to 8.8 mln tons of oil from the Verchnechonsk deposit in 2014
Edited by Rhod Mackenzie / 2014-01-13 05:50:16
Rosneft to export 8.783 million tons of oil in 2014 via “Verchnechonskneftegas” (VChNG, part of OAO “Rosneft”).
The contract shall continue for a year since December 31, 2013. The size of the deal makes up 2.742 billion roubles.
OAO “Verchnechonskneftegas” was created in 2002 for the development of Verchnechonsk oil-and-gas condensate deposit. In 2011 the company increased the resources of the Verchnechonsk deposit according to the exploitation drilling and 3D seismic survey results.
