Russian agency to auction Bukharinsky field on December 27

MOSCOW, Nov 12 (PRIME) -- The Federal Mineral Resources Agency will auction the Bukharinsky gas condensate field at a starting price of 2.133 billion rubles on December 27, the agency said in a statement on Wednesday.

Bids are accepted until December 13. The bid increment is by 213.3 million rubles.

The area of the field stands at 2,447.4 square meters. The gas reserves are estimated at 977.052 billion cubic meters (bcm) under the D0 category, condensate at 29.67 million tonnes of D0. Estimated resources stand at 103.5 bcm of D1, 109.4 bcm of D2 and condensate at 17.6 million tonnes of D1 and 26.3 million tonnes of D2.

(63.9121 rubles – U.S. $1)

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