Gazpromneft-Noyabrskneftegaz receives long-term license for development of Novogodny site

The Federal Agency for Subsurface Use has extended the license for geological exploration and production of hydrocarbons at the Novogodny site of Gazpromneft-Noyabrskneftegaz. For the first time in Russia, the validity of license exceeded hundred years: it will expire in December 2119.

Such a long extension is connected with the fact that the Federal Agency on Subsoil Use reflected in the license the time of the site development, recorded in the protected design documentation. This was reported by department of corporate communications of Gazpromneft-Noyabrskneftegaz.