Min: RussNeft wins sale of Snegiriny-3 gas field development

MOSCOW, Oct 12 (PRIME) -- Russian oil company RussNeft has won an auction for the right to develop the Snegiriny-3 oil and gas field in the Khanty-Mansi Autonomous District bidding 30.4 million rubles, the Natural Resources and Environment Ministry told PRIME on Tuesday.

“Out of 10 auctions … one was held: the Snegiriny-3 site, the winner was RussNeft PJSC,” the ministry said.

The Snegiriny-3 field’s oil and gas reserves are estimated at 15.2 million tonnes of D1-grade, 2.1 million tonnes of D2-grade oil, 1.7 billion cubic meters of D1-grade, 1.1 billion cubic meters of D2-grade gas. The field has been frozen since 2017.

Russia’s Federal Mineral Resources Agency held auctions for 10 oil and gas fields in the district on October 8, canceling 9 of the 10 on the lack of bids.

(71.6373 rubles – U.S. $1)

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