Rosneft Offers Siberian Stake to China

The Moscow Times
Rosneft has offered a stake in an East Siberian oil producer to China National Petroleum Corporation as part of their broader cooperation, sources close to the matter said Tuesday.
The sources said Rosneft offered a stake of up to 30 percent in oil firm Taas-Yuryakh, in which it owns 35 percent and is bidding for the rest of the company.
Sources said the talks were in the early stages.
Rosneft declined to comment, while CNPC was not immediately available.
Earlier this year Rosneft agreed to more than double its oil supplies to China from the current 300,000 barrels per day it ships with the first phase of the East Siberia-Pacific Ocean pipeline.
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