"Gazprom oil" may apply for the allocation of funds of the NWF

Shell has suspended its participation in the joint venture with Gazprom oil" for the development of shale oil in the framework of the Khanty-Mansiysk oil Union" (HMNS), said the General Director of the Russian company Alexander Dyukov.See also:-->Waste of NWF will increase GDP by 0.1%-->NWF in vain derails: not all strategic projects "Eastern" program has received support from the government-->"And what is still to keep the reserves?" Rosneft offers itself to strengthen sovereigntyThe CEO also added that the company is now exploring the possibility of continuing the work on shale gas projects in the framework of a joint venture Salym Petroleum Development c "Gazprom Neft"."Our partner is discussing this matter with his slider, he was quoted by TASS.Work Salym Petroleum Development is not subject to sanctions because the extraction is carried out at the fields with traditional production. TBC is only a matter relating to reserves development of the Bazhenov formation, Dyukov said.SPD developing the Salym group of oil fields in Khanty-Mansiysk, the production on it last year amounted to about 7 million tons But SPD planned in 2016-2017, to begin full-scale development of the Bazhenov formation (hard-to-recover reserves, which are subject to sanctions), getting there about 5-6 million tons per year.Project HMNS, which holds three licenses for shale oil in the region, according to Alexander Dyukov, Gazprom Neft will be able to cope by herself.However, "Gazprom Neft" after Rosneft and NOVATEK, whose projects have also been affected by the sanctions ready to apply for state support. "If you will have access to the resources of the Fund for the entire oil industry, of course, we will be interested in this.If these funds will be distributed between oil and gas companies, we believe that it would be fair if we will be able to participate," said Dyukov. He said that the cost of borrowing funds SWFs may be 4% lower than at banks. Rosneft and NOVATEK want to get from the NWF 1.5 trillion and 100 billion rubles.

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