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Gazprom Neft says Shell suspends tight oil development in Russia -Interfax

Fri, 03rd Oct 2014 13:31

MOSCOW, Oct 3 (Reuters) - Oil major Shell hassuspended development of hard-to-recover oil in Russia'sBazhenov formation with Gazprom Neft, Interfax citedGazprom Neft's head as saying on Friday, after the West imposedsanctions on Russia over Ukraine.

"We continue work ... by ourselves," Alexander Dyukov said,according to Interfax.

(Reporting by Vladimir Soldatkin; Editing by Alexander Winning)

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