Subscription
access
Russian licensing summary 2010
Licensing activity in 2010 shows a slight recession in comparison with 2009. A total of 273 auctions were held in 2010 which is similar to the number of auctions held in 2009. Although a large number of blocks were entered into the auction process, only 57 have been awarded in 2010. At the same time the number of cancelled auctions has increased by a quarter.
Source: Petroleum Services Group at Deloitte
Last year's trends
highlight
that the government is looking for investments in
exploration and production.
However, the number of awarded licenses and cancelled
auctions show that there is a weak interest
in new exploration and production projects among companies.
Where next?
-
Oil and gas GIS tools
We created this report using PetroView, our leading oil and gas GIS -
Fiscal and Regulatory Guides
The fiscal terms for this and many other countries are available in an easy to interpret format
Related links
-
Oil and gas maps
Request an upstream E&P wall map -
UK Fiscal & Regulatory Guide
Request a free copy of this full guide
Licensing round news
-
Subscribe to RSS
Receive updates via our RSS Feed