The state-owned company said it has increased its stake in the producer from 35% to 100% to give it operational control of the latter's Srednebotuobinsk oil and gas field, which was only brought on stream earlier this month. No value was disclosed for the deal.
Annual oil production from the field is set to reach 1 million tonnes (7.9 million barrels) next year before ramping up to 5 million tonnes (39.5
