East Siberian gas development to pick up

Russia's OAO Gazprom and Urals Energy PCL, Nicosia, Cyprus, agreed to cooperate on gas field and pipeline projects in Eastern Siberia Russia's Irkutsk oblast including development of Dulisminskoye oil and gas-condensate field.

By OGJ editors
HOUSTON, June 15 -- Russia's OAO Gazprom and Urals Energy PCL, Nicosia, Cyprus, agreed to cooperate on gas field and pipeline projects in Eastern Siberia Russia's Irkutsk oblast including development of Dulisminskoye oil and gas-condensate field.

The deal calls for Urals Energy, already developing Dulisminskoye's oil reservoirs, to develop gas-condensate in 2008-09 and sell the field's gas to Gazprom, which will own the regional gas infrastructure (OGJ Online, Jan. 24, 2007). A memorandum signed this week foresees opportunities to set up gas processing and electricity generating facilities.

Gazprom and Irkutsk oblast authorities signed a gas pact in December 2005 that called for comprehensive regional gas development and transmission.

Dulisma Oil Co., a subsidiary of Urals Energy, holds the license on Dulisminskoye field 100 miles north of Ust-Kut (see map, OGJ, Mar. 2, 1987, p. 15).

Gazprom provides exploration and geological works in the western and eastern parts of the Yuzhno-Kovyktinskaya area in the Irkutsk oblast.

Gazprom and ITERA agreed in September 2006 to develop Brastk gas-condensate field just east of Bratsk, and Gazprom and Irkutsk Oil Co. agreed in November 2006 to develop Markovskoye oil and gas-condensate field, 40 miles east of Ust-Kut, and Ayanskoye gas field, between Markovskoye and Dulisminskoye fields.

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