Rosneft sells 29.9% interest in Taas-Yuryakh to Indian consortium
On 16 March 2016, Rosneft signed several agreements with Indian companies allowing them to buy stakes in high-profile oil fields. This included the sale of 29.9% in Srednebotubinskoye (Taas-Yuryakh) to Oil India, Indian Oil Corporation and Bharat Petroleum. The deal came after Rosneft concluded the sale of 20% stake in Srednebotubinskoye to BP in November 2015. The resulting JV between the Indian companies, BP and Rosneft would be unique in the Russian upstream and could serve as a blueprint for other greenfield projects. Srednebotubinskoye is a strategic project for Rosneft in East Siberia.