Tsygankov quits the position of CEO of Severneftegasprom

​The CEO of the Russian-German company Severneftegasprom, S. Tsygankov, today quits his post.

He has occupied this position since February 2011. A new head of the company is to be approved today, Severneftegasprom reports.

Severneftegasprom develops the South-Russky deposit in Yamal.

The South-Russky gas deposit is one of the largest deposits in Russia. Its gas reserves make up 1 trln cubic m, Gazprom reports. 25 bln cubic m of gas are annually extracted at the deposit, it is the resource base for Nord Stream.

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