Russian ministry may offer offshore access to independents

摘要

Yuzhno-Sakhalinsk, Russia—Russia’s natural resources ministry has suggested that independent producers be given the option to develop oil and gas blocks offshore Russia that stateowned companies do not wish to develop. Alexei Oryol, head of the department for state policy and regulation in geology and subsoil management at the ministry, said September 26 that a system for shifting the rights to subsoil usage is also under consideration.