Wednesday, May 29, 2013

Japan, Russia to jointly develop oilfield

Japan, Russia to jointly develop oilfield
Tokyo (AFP) May 29, 2013 - Japan and Russia on Wednesday signed a deal that will see them jointly explore and develop a potentially lucrative oil and gas field off Russia's Far East coast. Japanese firm Inpex and Russia's Rosneft state oil giant agreed to work together on the reserve, estimated to hold around 3.4 billion barrels of oil, according to the Yomiuri Shimbun, off the Russian state of Magadan. That reser ... morehttp://www.energy-daily.com/reports/Japan_Russia_to_jointly_develop_oilfield_999.html

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