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Federal Agency for Subsoil Use Decided to Amend Sibneft-Chukotka Licenses

A Commission of the Federal Agency for Subsoil Use (Rosnedra) agreed at its meeting on December 8 to the Gazprom Neft proposal to have the deadlines for the performance of work at licensed areas in Chukotka Autonomous District extended and decided to introduce relevant amendments to CJSC Sibneft-Chukotka licenses.

Today, Sibneft-Chukotka is the only company that carries out exploration works in the territory of Chukotka Autonomous District and supplies the region’s community with natural gas and fuel.

The work in the territory of Chukotka AD is carried out under the conditions that are characterized by almost total absence of developed infrastructure and lack of transport services, complicated geological structures and severe climate.

CJSC Sibneft-Chukotka holds licenses for exploration of Lagunnyi, Telekayskyi, Zapadno-Ozernyi, Beringovyi, Tsentraljnyi and Tumanskyi fields in Chukotka AD.