Rosneft will have favoritism in shale gas exploration

An amendment to the agreement of Caracas and Moscow, published in the Russian legal portal, will allow Rosneft to prefer the exploration of shale gas deposits in the Venezuelan country.

The document states that countries will have to "create favourable conditions, avoid discrimination and provide assistance to the Rosneft Society and the Rosneft group". The regions that will be drilled are named Patao and Mejillones, located in the Caribbean Sea.

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