Gazprom Neft boosts its stake in Gazprom Neft New Port
Gazprom Neft has increased its stake in LLC Gazprom Neft New Port from 0% to 90%, the Gazprom Neft press release said.
The second owner of Gazprom Neft New Port is OJSC Gazprom.
Earlier, the Board of Directors of Gazprom Neft agreed the company's participation in the authorized share capital of LLC Gazprom Neft New Port", which holds the Novoportovskoye field license.
The Novoportovskoye oil & gas field is located in the Yamal district of YNAR, 250 km off Nadym. GNNP is the owner of a license for exploitation of the field, while Gazprom Neft is the operator. Recoverable C1, C2 reserves of oil and gas from Novoportovskoye field are estimated at 230 million tons of oil and 270 billion cbm of gas.