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Eastern Economic Forum

Gazprom neft sees potential in Eastern Siberian projects — CEO

According to Alexander Dyukov, the development of a large production center in Eastern Siberia is one of Gazprom neft’s priority for the coming years

VLADIVOSTOK, September 5. /TASS/. Russia’s oil major Gazprom neft sees a vast potential in the development of oil and gas projects in Eastern Siberia as they are oriented to Asia Pacific countries, the company’s CEO, Alexander Dyukov, said.

"The company sees great potential for projects in Eastern Siberia, since they are oriented to supplying hydrocarbons to the promising markets of Asian Pacific countries. The development of these reserves will promote socio-economic development of Eastern Siberian regions," he said on the sidelines of the Eastern Economic Forum (EEF).

According to Dyukov, the development of a large production center in Eastern Siberia is one of Gazprom neft’s priority for the coming years.

"Our assets in Eastern Siberia are known for their complex geology: specifics of the tectonic structure of production horizons, abnormal layer pressure, low layer temperature. But we have found technological keys to these ‘hard’ reserves," he said.

About Eastern Economic Forum

The Eastern Economic Forum (EEF) is underway on the campus of the Far Eastern Federal University in Vladivostok on September 3-6, 2024. The main theme of the EEF in 2024 is "Far East 2030. Combining strengths to create new potential."

The EEF is one of the largest international conferences in Russia. It has been held in the Primorsky Region’s Russky Island in Vladivostok since 2015. The Forum is the initiative of Russian President Vladimir Putin, who decreed that the event be held annually.

The forum's objectives and goals include promoting the accelerated growth of Russia’s Far East region; assessing its potential for exports; expanding international cooperation in the Asia-Pacific Region; showcasing the investment appeal of the region, its steadily progressing territories, and the Vladivostok free port.

The Roscongress Foundation has served as the Forum’s organizer since 2016.

TASS is the general information partner of the EEF.

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