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Monday, September 08, 2008

Gazprom expects state registration of 7 strategic gas deposits in Sept

YAKUTSK, September 7 (Itar-Tass) -- Russia’s gas monopoly Gazprom expects state registration of seven strategic gas deposits as part of the company balance already in September, Gazprom Deputy CEO Alexander Ananenkov said during the Yakutsk Economic Forum on Sunday. He confirmed that on September 2 Gazprom received licences for the following deposits of hydrocarbons – Chayanda in Yakutia, Kirinskoye in the offshore zone of the Sea of Okhotsk and Semakovskoye in the Yamal-Nenets Autonomous Area. The rest of seven licences have already been signed by the Russian Federal Agency for Natural Resources, and the company hopes to receive state registration this September, after which Gazprom can start its work at the deposits, Prime Tass economic news agency cited Ananenkov as saying. According to him, among the first steps will be resurvey of deposits in order to convert reserves from C2 category to C1. Currently, the Chayanda deposit’s reserves consists of 379 billion cubic metres of C1-category gas and 861 billion cubic meters of C2-category gas (the total reserve of the deposit – 1.2 trillion cubic metres), as well as 68 million tonnes of oil and gas condensate. In April 2008, the government decided to hand over the largest Chayanda oil and gas condensate field to Gazprom without a tender. In May, the holding received from the government another nine federal gas fields.

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