News of RAO/CIS Offshore


Ministry of Natural Resources proposes to divide the shelf between the consortiums.

Ministry of Natural Resources offers to oil companies  applying for offshore licenses to form consortiums, said yesterday the Minister of Natural Resources Sergey Donskoy.
"The consortium will be created under the guidance of the State, rather, will be pre-qualification of participants, and the State will have to approve them," - he said.
Proposals agreed with the Ministry of Energy and the Ministry of Economic Development and sent on Monday to the president's office and the government.


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