Rosneft Gains $1 Billion Siberia Partner With China Backing

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Skyland Petroleum Group is registered in the Cayman Islands, has a staff of about 30 and an operating history of nine months. It also has a Siberian deal with international oil giants OAO Rosneft and BP Plc that could be worth as much as $1.1 billion.

Skyland’s backers are private investors from China and elsewhere in east Asia, founder and president, Briton David Robson, said in an interview last week. He declined to name them.