Russia - 04

Russia: Rosneftegaz vs. Rosgeologiya: Sechin Challenges Arctic Exploration Rival

In recent weeks a clash over control of Arctic offshore exploration has broken out between Rosneft President Igor Sechin and two senior government figures, Deputy Prime Minister Alexander Khloponin and Minister of Natural Resources and Ecology Sergei Donskoi. In late April Khloponin and Donskoi called on the government to authorize state-owned holding Rosgeologiya to explore and develop offshore oil and gas projects in the Arctic. Notably, an earlier proposal Khloponin had drafted was supported by Prime Minister Dmitriy Medvedev.

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