OREANDA-NEWS. April 23, 2010. OAO NK “Russneft” and the Government of Tomsk region signed the Agreement on Mutual Cooperation. The document covers the key prospects of cooperation of the oil and gas holding and the region for a three-year period. The Agreement was signed by the President of OAO NK “Russneft” Oleg Gordeev and the Governor of Tomsk region Victor Kress.

 The Agreement is aimed at extending mutually advantageous cooperation, resolution of questions of social and economic development of the region, improvement of the investment climate and stable development of the economy of the territory, support and the development of its scientific and technical potential.

Under the signed Agreement, OAO NK “Russneft” in 2010 will provide oil production at the territory of Tomsk region in amount not less than 300 thousand tons, which exceeds the last year’s index by 40%. The company plans to concentrate on the implementation of one of the major projects in the region – the development of Stolbovoye oilfield with recoverable resources 12.2 mln. tons of oil.

Thus, it is planned to the raise oil production output at this license area four times as compared with 2009; to drill 11 new wells. In the near three years OAO NK “Russneft” is going to bring Stolbovoye oilfield to the maximal level of commercial production and try to bring the annual production output to 1 million tons.

The volume of investment program for 2010 amounts to 550 mln. rub., that 3 times  exceeds the last year’s analogues figures. The development of capital investments will be connected with the development and construction of engineering and production infrastructure of the company’s Tomsk oilfields.

Besides, “Russneft” will continue the implementation of significant charity projects and social programs in Tomsk region. In 2010 7.4 million rubles will be assigned for that purpose.

   Oleg Gordeev, NK “Russneft” President, noted that the partnership of the holding and the Tomsk Region Government is based on the principles of mutually advantageous cooperation and is directed to the effective solution of social and economic tasks of the region.