Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on cooperation to study development schemes for a joint monetization of gas in the Solimões Project in the Amazon region.
The Memorandum envisages detailed analysis of options for monetization of gas held in the Solimões basin, creation of a joint Work Group and preparation of roadmap for progressing the study.