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SGTZY Surgutneftegas PJSC (CE)

0.62
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Surgutneftegas PJSC (CE) USOTC:SGTZY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.62 0.00 01:00:00

Putin: Independent Firms Should Have Access To Offshore Resources

24/05/2012 2:21pm

Dow Jones News


Surgutneftegas PJSC (CE) (USOTC:SGTZY)
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Russian President Vladimir Putin said Thursday that independent oil companies should have the right to develop offshore resources as long as they don't sell those rights to foreign corporations, Interfax reported.

Last month, four non-state oil companies--Bashneft (BANE.RS), OAO Lukoil Holdings (LKOH.RS), Surgutneftegaz (SNGS.RS) and TNK-BP (TNBP.RS) petitioned Putin to grant them access to Arctic offshore deposits, which are now only accessible to state-owned Rosneft (ROSN.RS) and Gazprom (GAZP.RS).

Agency website: www.interfax.ru

-By Ira Iosebashvili, Dow Jones Newswires, 7 495 232 9192; ira.iosebashvili@dowjones.com

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