PJSC “RUSSNEFT” COMPLETED EXTENSION OF THE GAS INFRASTRUCTURE IN SARATOV REGION

PJSC “RussNeft” completed upgrade and extension of the gas infrastructure at Belokamennoye field in Saratov region, according to RussNeft's statement.

Construction of the new gas networks and infrastructure allowed to increase the natural gas production at the field up to 70 million cubic meters per annum. The estimated recoverable reserves at Belokamennoye field are 763 cubic meters of gas and almost 100 thousand tonnes of gas condensate.

RussNeft states that “development of the gas business in Saratov region is a priority of the Company”.

The company stresses that it prioritized technologies and equipment produced locally in Saratov region for the project.

PJSC “RussNeft” ranks among the Top-10 largest oil companies by crude oil production in Russia.

The Company possesses a well-balanced portfolio of assets located in the key Russian oil and gas provinces (West Siberia, Volga-Urals and Central Siberia) as well as in Azerbaijan.