Gazprom's hydrocarbon resource exploration and prospecting project was discussed yesterday, 25 November, within the context of a meeting of the council of heads of government of the member countries of the Shanghai Cooperation Organisation in Dushanbe.
Gazprom's activity in Tajikistan was particularly highly valued by the President of the Republic of Tajikistan, Emomali Rakhmon, at a meeting with the Prime Minister of the Russian Federation, Vladimir Putin.
As reported by Sergei Shmatko (the Russian Federation's energy minister) following the meeting of the council of the SCO heads of government, Gazprom intends to continue geological exploration work in Tajikistan, and the company will soon start the next phase of carrying out the project - prospect drilling.
According to Mr. Shmatko, the geological exploration data received to date has not given a 100% guarantee of discovering great reserves of hydrocarbons in the region. "On the other hand, we consider that the data that exists will allow this work to be conducted within the scope of conventional scales of risk", stressed the head of the Russian Federation's Energy Ministry.
The cooperation between the Republic of Tajikistan and Gazprom is governed by the "Agreement concerning the general principles of conducting geological mineral exploration in the oil-and-gas prospective fields in Tajikistan" (Rengan, Sargazon, Sarikamysh and West Shokhambari), signed in 2008.
A Memorandum of Intent was signed in 2006 for the creation of a Russian-Tajik joint venture.
The Agreement concerning strategic cooperation was concluded in 2003 for a period of 25 years.
The operator for the hydrocarbon exploration and prospecting project in Tajikistan is Gazprom zarubezhneftegaz, a 100%-owned subsidiary of Gazprom.