Royal Dutch Shell Plc  .com Rotating Header Image

Gazprom set to take Kovykta keys

Google images: Gazprom logo 

Upstreamonline: Gazprom set to take Kovykta keys

Wire services

Gazprom boss Alexei Miller said today he expected to close a long-delayed deal to buy the giant Kovykta gas field from BP’s Russian oil venture, TNK-BP, by the end of this month, local media reported.

“We will close in the near future,” Miller was quoted as saying by the RIA news agency when asked about the deal while on a visit to Libya with President Vladimir Putin, a Reuters report said.

Under the complicated deal, Gazprom would buy TNK-BP’s Kovykta field in East Siberia while TNK-BP could be invited back to take part in the field as part of a wider agreement on co-operation.

TNK-BP agreed to sell the field, which has enough reserves to supply the world with gas for almost a year, after Gazprom blocked the company’s plans to use the reserves for gas exports to China.
——————————————————————————–
17 April 2008 07:27 GMT  | last updated: 17 April 2008 07:36 GMT

http://www.upstreamonline.com/live/article152563.ece

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.