The government announced an auction for the last major oil field – RBC

Photo: Nikolay Gyngazov / Global Look Press

The Government will hold an auction for the right to use Erginskoye mine. Earlier, Alexei Miller wrote to Vladimir Putin’s interest in this area on the part of “Gazprom oil»

The Russian government has given permission to conduct in 2016 an auction for the right to use Erginskoye federal subsoil plot. The corresponding decree was signed by Prime Minister Dmitry Medvedev, published on the website of the Cabinet (.pdf).

Initial payment for this site is 5.35 billion rubles. The government also gave the forecast on the volume of oil production in this area. It is about 10.7 million tons in D1l category, 18.9 million tonnes for category D1, as well as slightly more than 1 million tonnes D2 category.

Erginskoye deposit is located in Western Siberia, is the last of the major explored deposits in mainland Russia from the license for which is in the unallocated subsoil fund.

According to RBC, the head of “Gazprom” and the chairman of “Gazprom oil” Board Alexei Miller had previously written a letter about the fate Erginskoye field President Vladimir Putin. He asked the Government to

entrust to the tender documentation for the sale of the site are two requirements to the recipient of the license. The first of these involves the processing of all of the extracted raw materials on Russian factories for the purpose of fuel production not lower than Euro-5. The second requirement – Field commissioning no later than one year from the date of obtaining the license to develop it. These conditions, Miller wrote, will allow “Gazprom oil”, “offer the most effective royalties scheme».

In a government document soderzhitsya.trebovanie processing of extracted raw materials at domestic refineries. However, construction and mine start-up in the judgment is given not one, but two years.

According to RBC’s source in Rosnedra, but “Gazprom oil” Erginskoye deposit interest “Rosneft” and the Independent Oil and Gas Company (NOC) . Interest in participating in the competition and did not rule out a source in the “Surgutneftegaz”, noting that the company is preparing a feasibility study of the project, designed to show profitable to buy an asset.