Russia’s subsoil use agency to auction 4 hydrocarbon blocks worth 6.87 bln rbls on Jun 23

Russia’s Federal Agency for Subsoil Use, or Rosnedra, will auction four hydrocarbon blocks located on the Kara Sea shelf and in the Yamal Nenets region on June 23, 2011, for geological prospecting and hydrocarbon production, at the starting price of 6.871 billion rubles ($240.57 million), Rosnedra said on Monday. In December 2010, the Russian government […]