Gazprom is going away from India after 10 years of unsuccessful business
12.07.10 20:15
/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]