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The Moscow Times: Rosneft to Win License

Monday, September 25, 2006. Issue 3504. Page 6.

Rosneft will win a license to explore for oil and gas at an offshore area bordering ExxonMobil’s Sakhalin-1 project in the Pacific Ocean.

Rosneft was the only company to apply by the Sept. 14 deadline to take part in a planned auction of the license for the Lebedinsky field, Nikolai Gudkov, a spokesman for the Natural Resources Ministry, said Friday by telephone. That means the auction will be canceled and the license awarded to Rosneft, he said. (Bloomberg)

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