Rosneft May Buy Fields in Volga River Region From Tatneft, Vedomosti Says

OAO Rosneft may buy oil fields in the Volga River region from OAO Tatneft, Vedomosti reported, citing Tatneft first deputy chief Azat Yagafarov.

Rosneft said its interest in the 20 licenses in the Samara region held by Tatneft depends on how fully Tatneft has met the terms of the permits, the Moscow-based newspaper said today. The fields may hold a combined 12.5 million tons (92 million barrels) of oil, according to Vedomosti.

To contact the reporter on this story: Stephen Bierman at sbierman1@bloomberg.net

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