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Rosneft and China National Petroleum Company (CNPC) have signed an agreement und ...

Rosneft and China National Petroleum Company (CNPC) have signed an agreement under which they will establish a new joint venture - Vostok Energy - that will undertake exploration and production activities in Russia. Rosneft will hold a 51% stake in the new company, CNPC holding the remaining 49%.

News Item details


Region: Russia & Central Asia

Keywords: Company mergers / strategic alliances - Company news -

Subjects: Crude oil -

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