Russia's Rosneft to Boost 2016 Exploration Drilling by 40% YOY

Reuters

MOSCOW, March 17 (Reuters) - Russia's top oil producer Rosneft plans to boost exploration drilling by 40 percent this year compared to 2015, the Rossiiskaya Gazeta daily on Thursday quoted Russian Natural Resources Minister Sergei Donskoi as saying in an interview.

In general, Russian oil and gas companies do not expect a critical decrease in their geological exploration works, Donskoi said. "It (exploration drilling) is forecast at the level of 2015," he said.

(Reporting by Tatiana Ustinova; Writing by Dmitry Solovyov; editing by Katya Golubkova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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