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Rosneft bags 'Arctic block haul'

Russian state oil company Rosneft has reportedly run away with a bumper package of Arctic licence awards, with counterpart Gazprom also in the running for new blocks in the frontier region.

Dominant role: Rosneft chief Igor Sechin is opposed to private players participating in the Arctic
Dominant role: Rosneft chief Igor Sechin is opposed to private players participating in the Arctic
Published 18 December 2012, 15:50Updated 11 October 2016, 10:48
Eastern Europe