Rosneft has sold a 20% share of Taas-Yuryakh Neftegazodobycha LLC to BP. The joint venture (JV) between Rosneft and BP based on Taas-Yuryakh Neftegazodobycha will continue further development of Srednebotuobinskoye oil and gas condensate field, which is one of the largest fields in eastern Siberia.
The JV will also undertake the development of suitable infrastructure for further exploration and development of the region’s reserves.
The companies’ cooperation within the project will contribute to expanding local infrastructure and boosting the production capacities of these east Siberian fields, one of the key regions of Rosneft’s business.
Rosneft also plans to select a second partner in Taas-Yuryakh Neftegazodobycha, which will have a positive effect on the project’s development in the long term.
石油圈
