A working meeting between Alexey Miller, Gazprom’s Management Committee Chairman and Sergey Bogdanchikov, Rosneft’s President, was held today at Gazprom’s Headquarters.

The parties discussed the progress in implementing the Bilateral Agreement that envisages for the companies to join their efforts in developing 5 big-sized oil and gas fields located in the Yamal-Nenets Autonomous Region (YaNAR) and on the shelf of the Pechora and Barents Seas.

In particular, the meeting addressed the prospect for developing the Kharampurskoye, Vyngayakhinskoye and Yety-Purovskoye fields, building the Prirazlomnaya offshore ice-resistant stationary platform at the Sevmashpredpriyatiye Production Association (the town of Severodvinsk) and developing the Shtokmanovskoye oil and gas condensate field.

S. Bogdanchikov and A. Miller also examined the possibility of transmitting the feedstock produced by Rosneft at the YaNAR-based Kynsko-Chaselskaya group of fields via the Gazprom-owned pipeline system. In addition, the meeting discussed joint plans to develop oil and gas production within the (established at the end of last year) Consortium for developing hydrocarbon reserves of Eastern Siberia and the Republic of Sakha (Yakutia).

Reference:

Gazprom and Rosneft signed the Bilateral Agreement on 4 October 2001. The Paper envisages for the joint development of the Kharampurskoye oil and gas condensate, Vyngayakhinskoye gas and oil, Yety-Purovskoye oil and gas, Prirazlomnoye oil and Shtokmanovskoye gas condensate fields.

To implement the Agreement, in 2002 Gazprom and Rosneft’s subsidiaries, Rosshelf and Rosneft-Purneftegaz, set up the Sevmorneftegaz joint venture.

On 24 December 2003, Gazprom, Rosneft and Surgutneftegaz adopted the Consortium Agreement. The parties agreed to join efforts to develop oil and gas fields, devise a scheme of and then establish an integrated gas transmission system in Eastern Siberia and the Republic of Sakha (Yakutia).

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