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The introduction of foreign sanctions did not affect the joint project for the development of the site "Magadan - 1" - Baked

The Governor of the Magadan Region said that the introduction of foreign sanctions did not affect the joint project for the development of the Magadan-1 section, the press service of the head of the region said.

The Governor held a working meeting with representatives of OOO Magadanmorneftegaz. Pechenyi commented on the results of the working meeting with representatives of Magadanmorneftegaz LLC (Moscow), headed by the company's Drilling Director Robert Evans. The sides discussed work on the development of oil and gas reserves at the Magadan-1 section in the Sea of ​​Okhotsk. According to the Governor of the Magadan Region, geological research is ongoing.

“Today, public hearings in the Kolyma village of Ola are practically completed. Work is underway to prepare the infrastructure for organizing the first drilling. The logistics operation implies close cooperation with the Magadan Commercial Sea Port, ”Vladimir Pechenyi said.

The Governor added that representatives of OOO Magadanmorneftegaz at the meeting assured the leadership of the region that environmental safety is one of the key places in the project. Long before the organization of the first drilling, the issues of waste disposal, which will appear as a result of work at the "Magadan - 1" section, are discussed.

“The introduction of sanctions by foreign states did not affect the joint project of the Russian and Norwegian companies for the development of the Magadan-1 section. All participants in the process, including the management of Statoil ASA, are committed to organizing the first drilling of an exploratory well in 2016, ”Vladimir Pechenyi stressed.

According to the forecast of the independent auditor DeGolyer & McNaughton, the total resources of the Magadan blocks amount to 1 billion 414 million 477 thousand tons of oil and condensate and 1 trillion 757,619 billion cubic meters of gas.

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