East Prinowosemelski
East Prinowosemelski (Russian Восточно Приновоземельский , transcribed Vostochno Prinowosemelsky ) is an area in the Kara Sea in the Arctic in Russia , in which oil and natural gas are to be extracted.
history
The area was given to the state company Rosneft for use in 2010 . They chose the British oil company BP as their partner . In January 2011 a contract was signed in which 33% of the shares in the project were guaranteed. Their Russian shareholder TNK-BP, however, refused to approve, so that the contract could not be implemented.
Instead, the US oil company ExxonMobil was chosen as a new partner. In October 2011, the contract was signed in the presence of President Vladimir Putin and Rex Tillerson . ExxonMobil pledged a $ 3.2 billion investment for the project and another in Tuadze on the Black Sea, and received a 33% stake.
In September 2014, ExxonMobil ended the cooperation because the US government had banned all forms of investments for American companies in Russia because of the annexation of Crimea .
Exploration
The area was divided into three support areas EPNZ 1, EPNZ 2 and EPNZ 3. So far geological explorations have taken place. A large production volume of at least one billion barrels of crude oil is expected, plus an unknown amount of natural gas.
East Prinowosemelski is the northernmost known area with oil and natural gas deposits at all.
Environmentalists criticize that the assisted area touches the Russian Arctic National Park .
Remarks
- ↑ Exxon stabs BP in the Arctic from Frankfurter Rundschau , September 1, 2011
- ↑ Exxon.obil rises due to sanctions from Arctic project with Rosneft from Frankfurter Allgemeine Zeitung, September 29, 2014
- ↑ Восточно Приновоземельский 1, 2, 3 Прозрачный мир