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Rosneft, Japanese Companies Sign Deal on Hydrocarbon Production on Russian Shelf

© Sputnik / Iliya Pitalev / Go to the mediabankA sign at the entrance to the Rosneft oil and gas company building in the Sofia Embankment in Moscow
A sign at the entrance to the Rosneft oil and gas company building in the Sofia Embankment in Moscow - Sputnik International
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Russian energy giant Ronseft signed a deal with Japanese companies on hydrocarbons exploratios on Russia’s shelf.

From left to right, Russian Foreign Minister Sergey Lavrov, President Vladimir Putin, Japanese Prime Minister Shinzo Abe and Foreign Minister Fumio Kishida attend a working lunch in Tokyo, Japan, Friday, Dec. 16, 2016. - Sputnik International
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TOKYO (Sputnik) – Russian energy giant Ronseft signed a deal with Japanese companies, including Japan Oil, Gas and Metals National Corporation (JOGMEC) on exploration and production of hydrocarbons on Russia’s shelf.

In particular, an agreement on main conditions of cooperation between Ronseft, Marubeni Corporation, JOGMEC and INPEX Corporation on joint exploration, development and production of hydrocarbons on the license area in the shelf zone Russia was signed.

Rosneft also signed a deal with Marubeni Corporation and Mitsubishi Heavy Industries on a feasibility study of a project of cosnruction of a gas chemical facility in Russia’s Far East.

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