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PSA on Tsentralnoye deposit to be ready by late 2012
CentrKaspneftegaz LLC will prepare a Product Sharing Agreement (PSA) for signing by the end of this year on the subsurface use of the Tsentralnoye oil and gas condensate deposit, the «Samruk-Kazyna» National Welfare Fund JSC reported.
A Product Sharing Agreement on the Tsentralnoye deposit is scheduled to be prepared by the end of the year, according to KazTAG. The total recoverable resources of the Tsentralnoye oil and gas condensate deposit stands at around 101.5 million tonnes, including 7.5 million tons of condensate and more than 162 billion cubic meters of gas. It was also reported that the Chairman of Board of the «Samruk-Kazyna» Fund, Umirzak Shukeyev, discussed issues of cooperation with the Gazprom CEO Alexey Miller in Moscow. The Tsentralnoye structure is located in the central part of the middle Caspian basin on the Russia-Kazakhstan border.
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