More Arctic fields for Gazprom and Rosneft

Mar 25, 2010 01:00 AM

The two state-controlled companies Gazprom and Rosneft expect federal authorities to give them another 14 licenses to offshore hydrocarbon fields, the Russian Ministry of Natural Resources confirms.
Deputy Minister of Natural Resources Sergey Donskoy said that Gazprom now is applying for 7-8 new field licenses, while Rosneft applies for 5-6 licenses.

The applications are now handled by the Agency of Mineral Resources (Rosnedra) and there is "very small chances" that the companies will not get their applications approved.
According to current Russian legislation, only state companies with offshore experiences are entitled to own offshore field. That paves the way for Rosneft's and Gazprom's exclusive right to develop the country's shelf.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« August 2017 »
August
MoTuWeThFrSaSu
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31

Register to announce Your Event

View All Events