Russia's state-controlled oil company OAO Rosneft (ROSN.RS) and Cyprus-registered commodities trader Gunvor Group are discussing possible joint exploration and production projects, Rosneft said Tuesday.
Russia's state-controlled oil company OAO Rosneft (ROSN.RS) and
Cyprus-registered commodities trader Gunvor Group are discussing possible joint
exploration and production projects, Rosneft said Tuesday.
Rosneft Chief Executive Officer Igor Sechin met with Gunvor's co-founder
Gennady Timchenko and Chief Executive Officer Torbjorn Tornqvist Tuesday to
discuss current cooperation in trading and logistics, as well as potential
joint exploration projects that "would help expand the potential for
partnership between the two companies," Rosneft said in a statement.
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