Russian Ministry of Natural Resources plans to announce auction for the Erginskoye field in the first half of July

Russian Ministry of Natural Resources has planned to announce the auction for the Erginskoye oil field in the first half of July 2016, it will be held in September. This was announced by the Minister of Natural Resources and Ecology Sergei Donskoy.

"I think, during July (we’ll announce) the auction. In the first half of July. By law it is only the auction. The whole procedure - somewhere in September, the auction holding will be possible," - he said.

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