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1Derrickon Apr 23, 2015 5:44am
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Post# 23655831
Rumor-Total Mulls Selling 40% in Kharyaga Oil Project
Rumor-Total Mulls Selling 40% in Kharyaga Oil Project Reuters reports, quoting Vedomosti business daily, that Total is in talks to sell its 40% stake in Russia's Kharyaga oil project to Zarubezhneft.
If the sale is finalized, Zarubezhneft's stake will increase to 60% in the project in northern Russia where recoverable reserves are estimated at 49 MMT of oil.
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