Rosneft, Itera to form new Russian gas venture

摘要

Russia's state-owned oil company Rosneft and independent gas producer Itera have signed an agreement on strategic cooperation, which foresees the creation of a gas exploration and development joint venture, the companies said in February. Initially, the joint venture will include Itera's 49% stake in Sibneftegaz, its 49% of Purgaz and its 67% of Uralsevergaz, along with some other gas assets belonging to Itera, the statement said.