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KazRosGas identified as operator for exploration of Imashevsk field in Russia and Kazakhstan

Oil&Gas Materials 25 February 2013 19:28 (UTC +04:00)

Kazakhstan, Astana, 25 Feb. / Trend D. Mukhtarov /

Joint decision of Kazakh KazMunaiGas and Russian Gazprom, which are accredited by the Agreement between the Government of the Republic of Kazakhstan and the Russian Federation on joint geological study and exploration of the Imashevsk cross-border gas condensate field dating September 7, 2010, identified the KazRosGaz LLP as the sole operator, according to the company's press release.

In 2012, the Coordinating Committee of Kazakhstan and Russia on implementation of the agreement approved proposals of the KazRosGaz LLP on amendments and additions to the agreement, providing the operator with the right under the agreement for subsoil use for geological study and exploration of the Imashevsk field within the territory of the Republic of Kazakhstan and the Russian Federation.

According to the recommendation of the Coordinating Committee on the agreement, the authorities of Kazakhstan and the federal executive authorities of the Russian Federation began consideration of the draft decision of the Government of Kazakhstan and the Russian Federation on amendments and additions to the agreement, allowing the KazRosGaz LLP to get the right for subsoil use for geological study and exploration of the Imashevsk field in Kazakhstan and Russia.

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