“BASHNEFT” increases oil reserves

Rasul Hamidullin

The Federal Subsurface Management Agency issued the license for the federal section of mineral resources to the JSC “BASHNEFT”. The section includes the oil deposits by P. Trebs and A. Titov. The license is issued in accordance with the Russian Government’s decree, signed on February 7, 2011.

The “BASHNEFT” press-service reports the license is given for the term of 25 years. The license section is located on the territory of Yamal-Nenets autonomous district and its area exceeds two thousand square kilometers. The summary extracted oil reserves of the industrial categories (C1+C2) make up 140,1 million tons.

“Entering the area of Timan-Pechora our company cardinally widens the oil mining geography and increases the summary extracted oil reserves by more than 30%” – the President of JSC “BASHNEFT” Viktor Khoroshavtsev says – “In the future it gives our company a chance to make the volumes of oil mining and oil refining more balanced, maximally using the potential of the Ufa refineries, which have the best index of oil refinery depth in Russia for today. All these factors will finally contribute to the rise of investment attractiveness of the JSC “BASHNEFT”.

#bashneft #entrails

Join us - get more news faster on our social media:

Rubrics

Телефон

Office: +7(347) 250-05-07 Advertising office: +7(347) 250-11-11 Editors office: +7(347) 250-07-28 Cooperation: +7(347) 250-06-14

Эл. почта

inf@bashinform.ru

Адрес

450077, Ufa, Kirov street, 45

© 1992-2026 Bashinform News Agency JSC. Mass Media Registration Certificate No. TU 02-01609 dated September 25, 2017, issued by the Office of the Federal Service for Supervision of Communications, Information Technology and Mass Media for the Republic of Bashkortostan.

All information and content posted on the website www.bashinform.ru are protected by international and Russian copyright and related rights legislation. All reports by the Bashinform News Agency are intended for users over 18 years of age.

When reprinting or quoting, a reference to Bashinform News Agency is mandatory. For online publications and social media, a direct active hyperlink is required. Using the Bashinform News Agency logo for purposes not related to the agency when reprinting or quoting is permitted only with the written permission of JSC Bashinform News Agency.