TNK-BP, Gazprom Neft buy operator of Yamal oil and gas deposits

© RIA Novosti . Ruslan Krivobok / Go to the mediabankTNK-BP
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Russian-British joint venture TNK-BP and Gazprom Neft, the oil arm of the country's energy giant Gazprom, have bought equal stakes in Messoyakhaneftegaz, operator of the Messoyakh oil and gas deposits, from their subsidiary Slavneft, Slavneft said on Friday.

Russian-British joint venture TNK-BP and Gazprom Neft, the oil arm of the country's energy giant Gazprom, have bought equal stakes in Messoyakhaneftegaz, operator of the Messoyakh oil and gas deposits, from their subsidiary Slavneft, Slavneft said on Friday.

Gazprom Neft and TNK-BP said in January that their investment in the development of the deposits might amount to $15-18 billion.

Reserves of the Messoyakh deposits, located in the oil and gas rich Yamal peninsula in Russia's north, are estimated at 560 million tons of oil and 230 billion cubic meters of gas under C1+C2 category.

MOSCOW, February 11 (RIA Novosti)

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