Russian Prime Minister Dmitry Medvedev has confirmed that state-owned exploration holding Rosgeologia will remain a major contractor and recipient of state financing, as it continues to target new hydrocarbons finds, writes Vladimir Afanasiev.
According to a resolution signed by Medvedev and obtained by Moscow business daily RBK, state subsurface agency Rosnedra is authorised to sign several pending exploration contracts with the company for a total of 3.75