Rosneft-BP Siberia pact

摘要

Rosneft and BP have signed final binding agree- ments to create the Yermak Neftegaz venture to conduct exploration in the West Siberian and Yenisey-Khatanga basins in Russia. The joint venture will focus on onshore explo- ration of two Areas of Mutual Interest (AMIs) in the West Siberian and Yenisey-Khatanga basins cov- ering a combined area of around 260,000sq km. Yermak Neftegaz will be owned 51% by Rosneft and 49% by BP.