Russia, KNOC

Gazprom Neft develops Eastern Siberia

Gazprom Neft has actually discovered a new deposit in Eastern Siberia. The company has appraised an additional 100 million tons of oil and 175 billion cubic metres of gas while studying the Chonsk sectors, licenses for which were obtained several years ago. The State reserves committee has already booked these reserves. The South Korean KNOC can become the company’s partner in development of the deposits. Read more »

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