MOSCOW, November 18 (RIA Novosti) - French oil company Total, which operates the Kharyaga oil deposit in the northern part of European Russia, must provide the Russian Industry and Energy Ministry with a feasibility study justifying the need for increased spending for development of the deposit by November 25, a ministry statement said.
An order was handed down to the company by a subcommittee of the joint committee on financial operations for the Kharyaga production-sharing agreement.
Total forecasts the change in the cost estimates by more than 10%.
