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On April 28, 2011 Rosneft (the “Company”) published its consolidated financial results under US GAAP for Q1 2011.
BP has asked Rosneft to extend the deadline for the share swap agreement, pending the final decision of the Arbitration Institute of the Stockholm Chamber of Commerce, and in order to implement the share swap transaction between Rosneft and BP.
On 6 April at 12:20 AM Moscow time, the 20-millionth tone of crude oil was extracted from the depths of the Vankor oil field in Russia’s Krasnoyarsk region.
Rosneft acquired a license to explore the Naulsk oil fields, located in the Nenets Autonomous District. The Company paid RUB 3.6 billion for the license at auction.