site map
Gateway to Russia
 RUSSIA IN FACTS
04 June 2004 05:50
TNK-BP to join Eastern Siberian consortium
"All the participants in the project understand that oil and gas fields in Eastern Siberia and Yakutia should be developed IRKUTSK. June 4 (Interfax) - A draft protocol of intent has been drawn up, which establishes the main principles for the inclusion of TNK-BP in a consortium for the development of oil and gas fields in Eastern Siberia and Yakutia, TNK-BP Managing Director for Production and Technology Victor Vekselberg said. comprehensively, to make their development economically viable," he said at a press conference in Irkutsk on Friday. However, Gazprom Deputy CEO Alexander Ananenkov said earlier that Gazprom has not received a concrete proposal from TNK-BP on joining the participants in the consortium - Gazprom, Rosneft and Surgutneftegas. 24, 2004 to set up a consortium to join forces to develop oil and gas fields, develop a scheme and set up a single system to supply gas to He said that the agreement to set up the consortium does not cover increasing the number of its participants. At the same time Ananenkov said, "we are ready to consider any proposal for cooperation, if they are concrete." The comprehensive development of oil and gas fields in Eastern Siberia and the Far East will ensure the most effective use of Rosneft President Sergei Bogdanchikov said earlier that "the unofficial position of participants in the consortium is as follows - we are not against TNK-BP participation in Eastern Siberia." "The conditions for joining the consortium and the timeframe are not yet being discussed," he said. Gazprom, Rosneft and Surgutneftegas signed an agreement on January consumers in Eastern Siberia and Yakutia. Recently, participants in the consortium agreed on a single approach to the choice of a route for new oil and gas pipelines in eastern Russia. resources, taking into consideration the requirements of the domestic market and the possibility of exporting gas to China and other countries in the Asia-Pacific region. [RU EUROPE ASIA EEU EMRG ENR ELG NGS] rd
[Interfax]
Subscription to the daily news digest
Click here to subscribe to the daily news digest.
You will be able to choose your own topics of interest.
Your e-mail address will be kept confidential and will be used exceptionally for sending you this digest.
MOST POPULAR ARTICLES
MORE OF THE LATEST NEWS

The Expert 200: Precious Metals and Diamonds
The Expert 200: The Timber Industry
Dust in the Wind
How Fast They Grow
Russian lawmakers to fight spam
Taking Inventory of the Republic

No hurry over wholesale power
Gazprom to decide on share liberalization
Russia pays $28.47m to IMF
The former Vice-premier of Chechnya shot down together with his wife
Russian lawmakers to fight spam
Gazprom`s net profit up 64% in 2003
top        Send article by e-mail
Get more info about Russia

Contact Us

© Copyright Gateway to Russia 2003

The site is created and administrated by Expert Group within the framework of exclusive contract with the Financial Times