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35

Gazprom Neft may challenge Trebs, Titov auction rejection

Gazprom's oil arm Gazprom Neft is considering an appeal against the government's decision to bar it from an auction for the right to develop Siberia's Trebs and Titov oil fields, a source in the company said on Thursday.

Gazprom Neft may challenge Trebs, Titov auction rejection Gazprom Neft may challenge Trebs, Titov auction rejection

   

Gazprom's oil arm Gazprom Neft is considering an appeal against the government's decision to bar it from an auction for the right to develop Siberia's Trebs and Titov oil fields, a source in the company said on Thursday.
"Gazprom Neft will consider this option," the source told RIA Novosti.
Russia's biggest oil companies, LUKoil and TNK-BP, whose bids were also rejected, said earlier they would appeal the decision. Another rejected bidder, Nord Imperial, part of India's ONGC, has not commented.
A government commission cleared only Bashneft, owned by tycoon Vladimir Yevtushenkov, and Surguneftegas for the auction. 

Source : RIA Novosti