In 2013-2015, investments into Vankor to be about 92.1 billion rubles

In 2013-2015, investments into development of the Vankor group of  fields will make up about 92.1 billion rubles. The synergistic effect from development of these fields will be about $2 billion, Rosneft reports.

On November 8th, the Rosneft’s Board of Directors approved Vankorneft as the operator on the development of the Lodochnoye, Suzunskoye and Tagulskoye fields, as well as on the construction of a gas turbine electric power plant (150 MW) to provide them with electricity.

After the acquisition of BP-TNK’s assets, which include these deposits, by Rosneft, it was decided to work out the projects of their joint development by Vankorneft to reach a maximum synergy. The integration of the fields will increase the Rosneft’s resource base in the region by over 350 million tons of oil.