Gazprom Neft considers Arctic development relevant, oil prices and tax regime facilitate this
ST. PETERSBURG. June 15 (Interfax) – The current oil price environment, the tax regime for Arctic projects in Russia, and Gazprom Neft’s portfolio of shelf assets allow the company to consider development of the Arctic shelf as relevant, in connection with which dialog with the state on supporting geological exploration on the shelf is necessary, Deputy CEO for Upstream Vadim Yakovlev told reporters.
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