Russia’s state-owned heavyweight Rosneft plans to sell three southern oil field assets to focus its resources on developing its Vostok Oil project in Eastern Siberia, Reuters has reported, citing unnamed sources familiar with the matter. The assets in question are Stavropolneftegaz, Ingushneft, and Dagneft, which together produce about a million tons of crude annually, the Reuters source said.
This compares with a total output of 205 million tons for Rosneft. Vostok Oil, in Russia’s Far East, comprises several groups of oil fields holding…Rosneft Set To Sell Assets To Focus On Flagship Vostok Oil Project
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