Alexandr Ryazanov: Gazprom Neft Will Develop the Gazprom Oil Resources

Integration of Gazprom Neft into the Gazprom structure must be aimed at the effective development “of the significant oil resources which are presently on the books of Gazprom”, stated president of Gazprom Neft Alexandr Ryazanov.

One may recall that oil reserves in the fields that are on the books of Gazprom and Gazprom Neft are commeasurable in volumes.

In 2005 Sibneft produced 33.04 million tons of oil (net of its share in Slavneft) and 45.12 million tons inclusive of its share in Slavneft.

For reference purposes: Gazprom produces about 12 million tons of liquid hydrocarbons per annum and shortly plans to put into production Prirazlomnoye, Novoportovskoye, Tazovskoye and other oil and gas fields.