Commercial gas inflow reported in Abakan area

In February 2010 Gazprom discovered a new gas field within the Abakan area in the Krasnoyarsk Krai. During the prospecting activities the Abakan exploratory well No.1 with the depth of 3,302 meters reported commercial gas inflow at the rate of over 800 thousand cubic meters per day.
It is planned to carry out the follow-up geological exploration and to estimate the reserves of the discovered field in 2010–2011.
The state-run Development Program for an integrated gas production, transportation and supply system in Eastern Siberia and the Far East, taking into account potential gas exports to China and other Asia-Pacific countries was adopted in September 2007 pursuant to the Russian Industry and Energy Ministry Order. Gazprom was appointed by the Russian Federation Government as the Program execution coordinator.
At present, Gazprom and its subsidiary companies are performing geological exploration of 18 subsurface areas in the Krasnoyarsk Krai.
As the winner of the auction, in 2007 Gazprom obtained the subsurface use license to survey, explore and produce hydrocarbons in the Abakan area.