Gazprom Neft Press Office:
JSC Gazprom Neft will participate in auctions on the right to develop new oil fields, the president of the company Alexander Ryazanov stated at a briefing on results of the meeting of shareholders.
"Coordinating committee of Gazprom and Gazprom Neft for definition of sites for which the companies will participate in auctions is now being created", - the president of Gazprom Neft has said
According to A.Ryazanov, business will be distributed in such a manner that those fields where gas stocks prevail will be develop by Gazprom, and deposits with oil reserves will be developed by Gazprom Neft.
"It would give a synergy which would reduce the cost of process", - he has noted.Tags: management, production