MOSCOW, March 3. The American company Exxon Mobil is interested in the resumption of joint work with Rosneft enterprises after the lifting of sanctions, and the quickest it can be done on the Black sea. About this stated the head of Exxon Rex Tillerson at a meeting with analysts.
ExxonMobil wants to resume drilling in the Russian Federation in case of cancellation of sanctions
“We would very much like to return to deepwater projects in the Black sea. This is a very promising field. We probably could resume work faster (than in the Arctic – ed.), because the Arctic requires thorough advance planning”, he said.
According to him, due to the fact that the company was forced to curtail its power in the Arctic. The first step, according to Tillerson, should be the resumption of survey work. “We should wait. We understand the situation, they understand the situation. We continue to comply fully with the sanctions regime. I can tell you that we are in constant negotiations with the U.S. government to ensure that we can protect their rights in Russia at the time, until we can work there and they (the government – approx.ed.) support us in this. I am grateful that they (the U.S. government – ed.) not made any steps that would worsen our situation (in Russia – approx.ed), on the contrary they help us to keep those positions that we have,” said Tillerson.
Exxon Mobil due to the imposed against Russia sanctions have turned 9 out of 10 joint projects with Rosneft, including exploration and potential production on the shelf of the Black sea, in the Arctic and in Western Siberia. According to the financial report, the company estimates the losses from sanctions amount to $1 billion In particular, under the sanctions hit the company’s cooperation with Rosneft on exploration in the Kara sea, where in 2014 new Deposit was discovered “Pobeda”, with reserves of 130 mln tons of oil and 499,2 billion cubic meters of gas.
Earlier “Rosneft” and ExxonMobil signed a number of agreements providing for the joint work on the shelf of the Kara sea, Chukchi sea, Laptev sea, the Black sea, as well as programs of experimental work for the purposes of assessing and determining the technical feasibility of developing the reserves, deposits or hydrocarbon accumulations of the Achimov and Bazhenov deposits in Western Siberia. In addition, jointly with Rosneft, Exxon planned to implement the project on construction of LNG plant on Sakhalin (“far Eastern LNG”). The American company is also a partner of “Rosneft” under the project “Sakhalin-1”.
All sanctions of the West against Russia