facebook
twitter
search
search

Repsol launches gas production in Russia

March 8, 2013 at 6:32 AM

MADRID, March 8 (UPI) -- Spanish energy company Repsol and Bermuda's Alliance Oil announced the start of commercial natural gas production from central Russia.

The companies said commercial production from the Syskonsyninskoye natural gas field in the central Khanty-Mansiysk region of Russia has begun. The step is the first for their consortium, A&R Oil and Gas, which was set up for Russian energy exploration.

"The first successful start-up through AROG is especially satisfying for us as we contribute to unlock the great potential of an area which will continue to supply large volumes of gas to the domestic market in coming years," Fernando Martinez Fresneda, Repsol's general manager for Russia, said in a statement.

Alliance said it provides a solid foundation for its upstream plans in Russia.

The companies said initial gas delivery from Syskonsyninskoye was around 30,194 cubic feet per day for the gas transit system managed by Russia's Gazprom. Additional production is expected as both sides have plans to drill six new wells in the region next year.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
Kraft-Heinz merger forms world's fifth-largest food-beverage company
Aetna to acquire Humana for $37 billion in cash, stocks
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue