Government of Russia and Kazakhstan agree on joint exploration of Imashevsk field

/IRBIS, March 31, 2010/ - Prime Minister Vladimir Putin signed a decree on the agreement between the governments of Russia and Kazakhstan on joint geological study and exploration Imashevsk cross-border gas and condensate field - it's added in the message of "RIA Novosti". As indicated, according to the decree, the RF Ministry of Natural Resources to hold negotiations with the Kazakh side and agreeing to sign the agreement on behalf of the Government of Russia. After the exploration of the deposit and placement of its stock to the public balance of Russia and Kazakhstan, the sides will sign an agreement governing the development of the deposit. Expenditure on exploration will be distributed under the terms 50 to 50 between Gazprom and JSC National Company "KMG", which are authorized organizations, and can choose the operator of the project. After receiving the rights to use, they should jointly develop and approve a program of exploration. Imashevskoye gas field is located at the junction of Russia's Astrakhan and Atyrau Regions of Kazakhstan. Its reserves are estimated at 128.7 billion cubic meters of gas and 20.7 million tons of gas condensate. In 2005 Russia and Kazakhstan at the level of the two presidents agreed on the principles section of the deposit and instructed the authorities to resolve the economic profile issues. Russia part Imashevsk field is still in the undistributed fund bowels. In June 2002, Gazprom and JSC National Company Kazmunaigaz created on a parity basis and registered in the Republic of Kazakhstan joint venture Kazrosgaz for the purchase and marketing of natural gas, processed gas to the GPP Russia and other activities. [2010-03-31]