A joint Rosneft and Lukoil group for drafting projects related to developing the shelf will begin working after May 10, Lukoil President Vagit Alekperov told journalists.

"We have not established a joint group which will look at the possibilities   that would allow both companies to actively operate on the Russian shelf. We feel that after May 10, the group will be actively working and a number of projects identified", Alekperov said according to RIA-Novosti.

"We are interested in sites in the Barents Sea and the Black Sea", he added.

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