Rosneft has prolonged the license for Sredne-Balyksly license site, Yugra until 2033
Edited by Rhod Mackenzie / 2013-09-23 09:23:53
The Russian Subsoil Use Management Agency has prolonged to Rosneft the license for the Sredne-Balyksly license site, Yugra until March 26th, 2033. In accordance with the license, Rosneft should provide correspondence of the final level of oil extraction coefficient and oil and gas production level to the demands of the Agency. The grade of associated oil gas utilization since the start of the deposit development should be not less than 95%.