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Markets

Russia's Rosneft opens new offshore oil deposit near Sakhalin

Rosneft  said on Monday it had opened a new offshore oil deposit after exploratory drilling at its East Pribrezhny
30 Sep 2019
  • Rosneft  said on Monday it had opened a new offshore oil deposit after exploratory drilling at its East Pribrezhny licence area near the Russian Far East island of Sakhalin.
  • The deposit contains reserves of up to 2 million tonnes of oil, according to preliminary estimates.

MOSCOW: Russian oil giant Rosneft  said on Monday it had opened a new offshore oil deposit after exploratory drilling at its East Pribrezhny licence area near the Russian Far East island of Sakhalin.

The deposit contains reserves of up to 2 million tonnes of oil, according to preliminary estimates, Rosneft said.