Rosneft Seeks Azeri Gas Field Stake | Business | The Moscow Times:
"Oil major Rosneft is seeking a stake in Azerbaijan's Absheron gas project, sources close to the talks said, in the latest move that may help it become a competitor of gas exporter Gazprom.
Rosneft CEO Igor Sechin discussed a possible role in Absheron with Azeri President Ilham Aliyev during a visit to Baku this month and has also been in discussions with the project's leader, France's Total, the sources said.
Azeri state oil company SOCAR and the French oil company each hold 40 percent of the project to develop Absheron, a shallow-water offshore field on the Caspian Sea, under production-sharing agreements. The remainder is held by GDF Suez."
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