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Gazprom wins tender to develop oil and gas field in East Siberia

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KRASNOYARSK, December 21 (RIA Novosti, Lyudmila Zabortseva) - Russian energy giant Gazprom won a tender to geologically prospect and develop an oil and gas field in East Siberia, the local department of the Federal Agency for Subsoil Use said Wednesday.

Gazprom purchased the field in the south of the Evenkia autonomous area in the Krasnoyarsk Territory for 568 million rubles (about $20 million). There were five bidders in the tender, including leading Russian oil company Surgutneftegaz. The tender's starting price was 80 million rubles (about $2.8 million).

According to estimates, the oil and gas field could yield 86.1 million metric tons of oil and 129.2 billion cu m of gas.

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