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Arctic Economy Energy

Oil companies show fading interest in Taymyr

Lukoil drilled a dry well in the region last year. Meanwhile, despite a large offshore find, Rosneft has so far been hesitant to scale up operations there.

By Atle Staalesen, The Independent Barents Observer May 9, 2018
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Lukoil and Rosneft both fought hard over licenses on the remote Arctic Taymyr Peninsula in 2015 and 2016, but now, both companies’ interest in the area appears to be cooling.

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