Russia's new resources minister wins blessing to overhaul E&P licenses

摘要

Russia's new natural resources minister Yuri Trutnev has won the approval of President Vladimir Putin for a thorough overhaul and clean-up of the way oil and gas licenses are administered. Existing license award regulations are "defective" and leave too much room for bureacrats to interpret rules how they please,Trutnev told the president Mar 18.