Rosneft, HRT and Petrobras Agreed to Study the Possibility of Gas Monetization in the Solimões Basin

Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on cooperation to study development schemes for a joint monetization of gas in the Solimões Project in the Amazon region.
The Memorandum envisages detailed analysis of options for monetization of gas held in the Solimões basin, creation of a joint Work Group and preparation of roadmap for progressing the study.