12 Jan 2010 14:32

Rosnedra to host Krasnoyarsk territory resources auction Mar 4

MOSCOW. Jan 12 (Interfax) - Russia's Federal Subsurface Resources Agency (Rosnedra) plans to host auctions for Avamsky and Ayansky-section (Krasnoyarsk territory) usage rights on March 4, Rosnedra materials say.

Bids and deposit funds will be accepted until February 5.

The initial payment on the Ayansky section is 5 million rubles. Oil resources amount to 1 million tonnes of D2 oil, 13 billion cubic meters (bcm) of D1 gas, and 35 billion bcm of D2 gas. The section covers 2,080 square kilometers.

The starting size of the one-off payment on the Avamsky section is also 5 million rubles. D2 oil resources are 1 million tonnes, D1 gas at 13 bcm and D2 gas at 35 bcm. This section covers 3,200 square km.

These sections were offered at auction last December. The Ayansky section received two bids and the Avamsky four, but these were all ruled non-competitive by Rosnedra.