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News // Russia

Russian State may sell oil fields

16 April 2010 , 09:46Bloomberg1140


The government may offer the Trebs and Titov oil fields for sale in one lot for at least 15 billion rubles ($517 million) in the second half of the year, Vedomosti reported Thursday, citing unidentified government officials familiar with the plans.


The value of the fields, which together form one of Russia’s biggest undistributed oil assets, may exceed 17 billion rubles, the newspaper said, citing one of the officials.


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