5 Jul 2012 20:09

Trebs-Titov license reassigned from Bashneft-Polyus to Bashneft

MOSCOW. July 5. (Interfax) - Bashneft received notification from the Russian Federal Subsurface Resources Agency (Rosnedra) a few days ago that the license for the Trebs and Titov field was reassigned to Bashneft as of May 18, a company representative told Interfax.

After winning a tender for these fields, Bashneft sold Lukoil 25.1% in LLC Bashneft-Polyus, to which the license was reassigned.

On May 18, Rosnedra canceled its order to transfer the Trebs-Titov license to Bashneft-Polyus.