Yuzhno-Russkoye field
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The Yuzhno-Russkoye field is a Russian oil and gas field located in the Krasnoselkupsky District, Yamal-Nenets Autonomous Okrug, Tyumen Oblast. The proven reserves of Yuzhno-Russkoye are 700 bcm (billion cubic meters) and estimated reserves are more than 1000 bcm of natural gas.
The licence for the Yuzhno-Russkoye field is owned by Severneftegazprom, the subsidiary of Russian gas company Gazprom. According to the agreements between Gazprom and German companies BASF and E.ON, the E.ON Ruhrgas will get a 25 percent shares of Severneftegazprom minus 1 share, and Winthershall, the subsidiary of BASF will get 35% minus 1 share (25% of voting shares minus one share).
The Yuzhno-Russkoye field will be operational in 2008. The planned capacity of Yuzhno-Russkoye is about 25 bcm of gas per year. It is designated to become the main natural gas supply for the Nord Stream pipeline.
[edit] External links
- Results of meeting on Yuzhno-Russkoye field project, by Gazprom 11 June 2004
- E.ON and Gazprom Reach Understanding on Participation in Gas Field, by E.ON 13 July 2006
- Gazprom and E.ON to swap assets, by Andrew E. Kramer, The New York Times 13 July 2006
- Gazprom grows in Europe, by Andrew E. Kramer, The New York Times 28 April 2006
