New Wave Media

September 4, 2015

Rosneft, Gazprom to Receive Four Arctic Fields

Rosneft and Gazprom will soon receive new licenses for the development of the four fields on the shelf.

Rosneft and Gazprom will soon receive new licenses for the development of the four fields on the shelf.

Ministry of the Environment sent to the government documents on the transfer of "Rosneft" and "Gazprom" licenses for the development of four more fields on the Arctic shelf, he said in an interview with RIA Novosti Minister of Natural Resources and Environment Minister Sergei Donskoi.

Minister of Natural Resources and Environment Minister Sergei Donskoi also added that the decision to suspend the issuance of licenses for parts of the shelf is not accepted, and the Department continues to issue licenses for the development of the Arctic shelf in accordance with current legislation, according to RIA Novosti.

"The proposal to suspend the issuing of licenses on the shelf was considered, but we continue to issue licenses under the current legislation. Until a final decision is not accepted, we will continue to work as usual. Today, the law assumes noncompetitive licenses to develop fields on the shelf ", - said Don.

According to the minister, "Rosneft" and "Gazprom" will soon receive new licenses for the development of the four fields on the shelf. "Now the documents are in the government of the Russian Federation", - he said.

Ministry of Natural Resources previously submitted to the government a draft decree on the transfer without competition of four licenses to develop oil fields in the Arctic.

GazpromMinistry of Natural Resourcesoil fields
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