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(Vedomosti) – Chevron will acquire about 30% in the joint project on Western Black Sea shelf developing with Rosneft, said the source close to the Russian company. Investments into geological survey are going to amount to $1 bln. The first stage of the project will be financed by Chevron, said Igor Sechin, Russian Deputy Prime Minister. If the prospecting is successfull, total expenses might exceed RUB 1 trillion ($ 32 bln. according to the current Central Bank exchange rate).
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