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Rosneft to Pay RUB5.4B for 12 Arctic Shelf Licenses - Regulator

Rosneft to Pay RUB5.4B for 12 Arctic Shelf Licenses - Regulator
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Τετ, 6 Φεβρουαρίου 2013 - 18:00
Russian state-owned oil giant Rosneft (ROSN.RS) will pay about 5.4 billion rubles ($179.8 million) for 12 exploration licenses on the Arctic shelf, Russian regulator Rosnedra said on its website Wednesday.
Russian state-owned oil giant Rosneft (ROSN.RS) will pay about 5.4 billion rubles ($179.8 million) for 12 exploration licenses on the Arctic shelf, Russian regulator Rosnedra said on its website Wednesday.

Russian allows only state-controlled companies--among them Rosneft and Gazprom (GAZP.RS)--to hold offshore licenses.
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