Russia to prolong deal for Kharyaga field with Total through С31
MOSCOW, Jul 10 (PRIME) -- Russia will prolong a production sharing agreement for the Kharyaga deposit with FranceТs Total from 2019 through 2031, according to the documents seen by PRIME on Tuesday.
Total has a 20% stake in the Kharyaga oil field development project. Zarubezhneft-Dobycha Kharyaga is the projectТs operator with 40%, Equinor owns 30%, Nenets Oil Company 10%.
Reserves of the Kharyaga oil field are estimated at over 160 million tonnes.