Rosneft will develop shelf sites Magadan-2 and Magadan-3 together with the Japanese company INPEX

The chief of Rosneft I. Sechin has closed a cooperation agreement with the Japanese company INPEX Corporation. In accordance with the document, they’ll jointly develop the oil deposits of Magadan-2 and Magadan-3 in the Okhotsk Sea. INPEX will share 33.33% in the project. The sides are going to sign the final agreements before the end of 2013.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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