Gazprom will receive the rights to use the subsoil resources of the Pribaikalsky hydrocarbon block in the northern part of Irkutsk Region, near the Russian gas giant's Kovykta gas condensate field, as per Interfax.
Gazprom submitted the only bid to participate in the auction for the block, so the auction was declared void and the resource rights were granted to the sole bidder, the torgi.gov.ru website said.
Gazprom will pay 15.4 million rubles for the resource rights, which is equivalent to the starting price plus one bidding increment.
Pribaikalsky is located in the immediate vicinity of Gazprom's Kovykta field and Chikansky and Khandinsky blocks. The auction documentation stated that commercial gas and condensate flows have been struck at the latter.
The Pribaikalsky block had D1 category forecast resources of 2 million tonnes of oil, 44.1 billion cubic meters of gas and 5.7 million tonnes of condensate, and D2 category resources of 1.2 million tonnes, 37.1 bcm and 1 million tonnes, respectively, as of the beginning of 2017.
We remind, Gazprom is sticking to its goal of achieving 100% of the technically possible level of network gasification by 2030, and is actively working with the regions via five-year programs, Deputy Chairman of the Board of Gazprom Oleg Aksyutin said in an article in the company's corporate magazine. "It is expected that due to gasification and post-gasification alone, the increase in demand in the domestic market could reach nearly 20 bcm by 2030," the article says.
mrchub.com