Rosneft Sells 15% Stake in Vankorneft to ONGC Videsh

  1. 90 Posts.
    Rosneft has signed an agreement with ONGC Videsh to sell 15% stake in Vankorneft.

    Vankorneft, Rosneft subsidiary, was established in 2004 for development of Vankor oil and gas condensate field in Russia. The field is situated in the Turukhansky district of Krasnoyarsk Territory, 142 km away from the city of Igarka. The initial recoverable reserves of the Vankor field by the 1-Jan-2015 are estimated at 476 MMT of oil and condensate and 173 Bcm of gas. The acreage of the field is 447 sq km.
 
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