ID :
377708
Wed, 08/19/2015 - 15:08
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China does not lose interest in Rosneft’s Vankor project -PetroChina VP

MOSCOW, August 19. /TASS/. China continues negotiations on participating in Vankor project of the Russian oil major Rosneft, Vice President of PetroChina [subsidiary of China’s CNPC] Huang Weihe said on Wednesday. Parties continue communicating on this issue and are in the course of negotiations, Huang said. TASS reported earlier Rosneft and CNPC signed a framework agreement on acquisition of a 10% stake in Vankorneft by the Chinese company on November 9, 2014. Vankorneft Company was established to develop Vankorskoe oil and gas condensate field, the largest among the fields discovered and put into operation in Russia lately. Initial recoverable resources totaled 500 mln tonnes of oil and condensate and 182 bln cubic meters of gas. Read more

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