Gazprom, Rosneft to develop Barents shelf fields

Russia's OAO Gazprom and OAO Rosneft signed an agreement in early October aimed at eventual joint development of five large gas deposits on the Barents Sea shelf.The deposits, in the Yamalo-Nenetsk autonomous region, are: Kharampurskoye oil, gas, and condensate field, Vyngayakhinskoye gas and oil field, Etypurovskoye oil and gas field, Prirazlomnoye oil field, and Shtokmanovskoye gas and condensate field (see map, OGJ, Aug. 7, 2000, p. 32).With a view to project implementation, a subsidiary of Gazprom ZAO Rosshelf and a Rosneft subsidiary OAO Rosneft-Purneftegas, which hold licenses to the deposits, will establish a 50-50 joint venture and reassign their licenses to it. They will dete...

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