Rosneft At Vanguard Of Russian Firms’ Mena Advances

Russian oil and gas firms continue to expand their footprint in the Middle East and North Africa. State-owned Rosneft is at the forefront. The firm is increasing its political leverage in the Kurdistan region in Iraq and is eyeing up a move into Iran.

Rosneft was a late addition to the list of foreign firms prequalified for IPC tenders by Iran. It was added alongside fellow Russian state-owned firms Gazprom Neft and Tatneft, private sector Zarubezhneft, and Azerbaijan state firm Socar in June (MEES, 23 June). Seven of the 34 IOCs on the list are Russian.

Rosneft, Gazprom Neft, Lukoil and Zarubezhneft all submitted their proposals for the development of Iranian fields in recent days.

EYEING AZADEGAN

It may have been late to the party, but Rosneft is being linked to some of Iran’s largest planned developments. On 29 August, the Ministry of Petroleum’s Shana news agency quoted Amir-Hossein Zamaninia, Iran’s deputy oil minister for international affairs, as saying that Rosneft is eyeing up the Azadegan tender. The tender was launched in August and is to be awarded in 2018. The field is currently producing 125,000 b/d – 50,000 b/d from South Azadegan and 75,000 b/d from North Azadegan – and Iran is targeting 600,000 b/d.


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