Bashneft, the mid-sized Russian oil company belonging to AFK Sistema holding firm, has won tender for the license to develop the huge Trebs and Titov deposits without an auction, the Natural Resources Ministry said on Thursday.The company offered to pay 18.476 billion rubles ($597 million) for the deposit. The initial payment was set at 18.171 billion rubles, the ministry said in a statement.
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Source: RIA Novosti
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