12 Oct 2009 16:00

Resources agency registers Shtokman license in Gazprom Oil Shelf's name

MOSCOW. Oct 12 (Interfax) - The Russian Federal Subsurface Resources Agency (Rosnedra) has now registered the license to the Shtokman gas condensate field in the Barents Sea in LLC Gazprom Oil Shelf's name, the agency said.

This is a technicality as the original license-holder, LLC Sevmorneftegaz, changed its name to Gazprom Oil Shelf in August.

Gazprom and Rosneft (RTS; ROSN) set Sevmorneftegaz up on an equal basis back in 2001. Gazprom became its sole owner in 2005.