Today saw a visit by an OAO Gazprom delegation, headed by Deputy Chairman Valery Golubyev, to Tajikistan. The delegation also included ZAO Zarubezhneftegaz' CEO Valerii Gulev.
As part of the visit, Messrs Golubyev and Gulev met with Tajik Prime Minister Akil Akilov and Tajik Energy and Industry Minister Sherali Goul.
The parties discussed the current state and potential of OAO Gazprom’s realisation of geological surveys in the Republic’s areas of oil and gas potential.
During the meeting with the Energy Minister, the parties signed an agreement concerning the main principles for conducting geological surveys of underground resources and geological surveys in areas of oil and gas potential in Tajikistan.
The Russian-Tajik joint gas industry venture is regulated by the inter-governmental agreement “concerning the joint strategic venture in the gas industry” dated 15 May 2003 and the memorandum “concerning intentions to create a joint Russian-Tajikistani Business” dated 28.03.2006.
Licences to conduct geological studies of the potential oil-and-gas-bearing Sargazon and Rengan areas, whose forecast hydrocarbon resources are assessed at 30 bcm and 35 bcm respectively, were issued to OAO Gazprom on 13 December 2006.
OAO Gazprom’s operator for the project in Tajik territory is ZAO Zarubezhneftegaz. In April 2007, ZAO Zarubezhneftegaz carried out experimental seismic surveys in the Sargazon area using the lead regime – before the creation of the JV.
In the next 5 years, OAO Gazprom is planning to conduct geological surveys in the Rengan, Sargazon, Sarykamysh and West Shaambary areas.
ZAO Zarubezhneftegaz is a 100% subsidiary of OAO Gazprom, and an operator for Gazprom’s foreign investment projects in the Middle and Near East, Latin America, South-East Asia and Africa, and in the former Soviet republics.
The company’s main activity areas are: carrying out searches and geological surveys both onshore and offshore; developing and structuring deposits; reconstructing gas transportation systems; extending the capacity of underground gas reservoirs; transporting and processing hydrocarbons; and planning and constructing transport pipelines and structures and oil-refining plants.
The company is currently realising a series of projects abroad, in Tajikistan, Uzbekistan, Kyrgyzstan, Vietnam, India and other countries.