Russia eyes foreign oil and gas investments

RUSSIA is considering opening its offshore oil and gas fields to investment and E&P operations by foreign companies as it plans hydrocarbons exploration in the Arctic Ocean.

Russia eyes foreign oil and gas investments Russia eyes foreign oil and gas investments Russia eyes foreign oil and gas investments Russia eyes foreign oil and gas investments Russia eyes foreign oil and gas investments

The move comes as the country has reportedly planned tax incentives to boost offshore and liquefied natural gas projects in the Arctic alongside a 61% increase in the mineral extraction tax for gas

loader