RUSSIA EXTENDS WITH TOTAL
PLATTS - The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.
The PSA on Kharyaga was signed in 1995. A government order signed Saturday requests that energy minister Alexander Novak sign an extension which will be valid from January 1, 2019 to December 31, 2031.
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