Friday, October 21, 2011

Monopolization of the continental shelf or the preservation of national wealth?

Resursy21-07-2008 Monopolization of the continental shelf or the preservation of national wealth? Without tenders and auctions, address the government's decision to make available oil and gas industry subsoil federal continental shelf of Russia, Dmitry Medvedev, agreed. "The continental shelf - is our national wealth, the law itself is a special character, and procedures that it established - a special" - the president said He noted that the government retains the right to provide a number of subsoil federal containing gas required to ensure uninterrupted gas supplies to Russia's regions. According to Medvedev, the transfer of subsoil use beskonkursnoy based on the Government's decision will help the rational use of national wealth. The lucky ones - those who produce oil and gas in the Arctic, will choose only from among the legal entities of the Russian Federation, whose controlling stake in state-owned. In addition, the subsoil should have experience on the continental shelf for at least five years. Managing Partner of 2K Audit - Business Consulting, Professor Ivan Andrievsky suggests that it is likely in the near future we will see how the two giants Gazprom and Rosneft will share the resources of one of the most promising projects of Sakhalin - Sakhalin-3 . "It is possible that some in this regard and the new law was enacted," - said Andrievsky.

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