Siberia | Materials, extraction

Gazprom to invest $190m in Tomsk region in 2011

1 Dec '10
Gazprom’s subsidiary in Tomsk region Vostokgazprom has announced plans to invest up to $190m in exploration of new oil and gas deposits with complicated geological structure in 2011.

Under plans, the funds are to be used to put into commission an oil preparation complex at Severo-Ostaninsky deposit, launch Boltnoye deposit and introduce oil-dissolved gas utilization system.

The company’s oil extraction in 2011 is expected to reach 1 million tons, up 2% on 2010, and gas extraction is to total 3.1-3.2 billion cubic meters, up 9-11%.
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Locations: Tomsk; Tomskaya oblast

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