Gazprom is going away from India after 10 years of unsuccessful business

/IRBIS, July 12, 2010/ - The Russian gas holding Gazprom is planning to leave the Indian continental shelf in the Bay of Bengal after a decade of unsuccessful searches for hydrocarbons Upstream wrote on July 9 with reference to the Indian media. As indicated, the readiness to surrender the license for drilling offshore Gazprom has already informed the Indian authorities. , Told a source at the headquarters of hydrocarbons (DGH) of the Ministry of Oil and Gas India. Russian gas giant fulfilled the minimum amount of work by drilling three wells in Block 26, with the necessary two, so the claims with the Indian side to the company no. Gazprom won the license to develop the block number 26 in 2000, together with an Indian state company Gail. Partners received 50 percent of the project. However, in 2007, Gail went out of him after two dry wells. Thus, failures in India also suffered a British BG Group, Norway's Statoil and Brazil's Petrobras. The Russian gas holding company and its "daughters" are licensed in about ten countries. Last year, Concern Burilov in India, offshore Vietnam, the Mediterranean Sea, Venezuela, Libya, Algeria, Kyrgyzstan, Uzbekistan and Tajikistan.Of the ten wells were dry eight. And in May this year, Gazprom, together with Stroitransgaz agreement on strategic partnership with Brazil's Petrogas. [2010-07-12]