SKP 0.00% 6.0¢ skyland petroleum group limited

Cancellation of the deal with Rosneft

  1. 7 Posts.
    17:51 24.03.2016

    MOSCOW (Sputnik) — Skyland Petroleum Group is discussing with several Russian oil and gas companies its participation in production projects in the country following cancellation of the deal on buying a share in a Rosneft subsidiary, Taas-Yuryakh Neftegazodobycha LLC, a Skyland representative said Thursday.
    "Skyland is still interested in oil and gas projects in Russia and is in talks with several companies," the representative told RIA Novosti, answering a question on whether the group was interested in cooperation with Russian companies after cancellation of the deal with Rosneft.

    Skyland Petroleum Group and a Chinese state-owned company have discussed with Rosneft the acquisition of a 29-percent stake in Taas-Yuryakh Neftegazodobycha LLC, but last week Rosneft agreed to sell 29.9 percent of shares of Taas-Yuryakh Neftegazodobycha LLC to Indian companies.

 
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