From: Eagle_wng
British company plans to promote gas project in Adygeya
23.4.2008
On April 22 the President of Adygeya Republic Aslan Tkhakushinov met representatives of the British oil-and-gas extraction company being the founder of the joint stock company “Yujgasenergy”, working in the republic.
In the meeting Pole Davis, the general director of the company JKX Oil and Gas Pic, Martin Miller, the technical director of the company, Michael Bernstein, the general director of the joint stock company “Yujgasenergy”, Prime minister of Adygeya Republic Vladimir Samozhenkov and Minister of economic development and trade Aslan Matyzhev took part.
Let’s remind, the joint stock company “Yujgasenergy” was founded by the investment fund InterFinance and transferred under the control of the company JKX Oil and Gas Pic. Two years ago the firm won competition on reception of the rights of use of the bowels of earth of the Koshehablsky gas deposit. According to the obligations of the company, in January, 2007 it concluded the Agreement with the Cabinet of Ministers of Adygeya Republic on financing of works on installation of gas in the villages with the total cost 25, 8 million rubles. Those obligations were executed by the company in the full volume.
“We are pleased the way you carry out the conditions of the business negotiation process, – Aslan Tkhakushinov said, addressing to the representatives of the company, – I hope, our cooperation will bring appreciable dividends to all of us in the nearest future. Within the framework of this joint project we have an opportunity to give you in any quantity our local qualified staff, trained at the profile universities of our country. You may also involve the experts from any regions of Russia. The most important thing is our mission of the complete installation of gas in the republic, now with your help, to be completed in the nearest 2-3 years.
The parties noted together as the complexity of the started project and its prospects. Annually in the gas branch the company will invest $ 50 million. Today the experts of the firm prepared and coordinated the Development Project of Koshehablsky deposit, defined the maximal prospects of the gas platforms for further increase of the capital investment – drilling of new holes and construction of the gas pipelines. The next month to Adygeya the chisel equipment with carrying capacity of 180 tons will arrive for the overhaul of the gas holes. In the long term the gas deposit in Koshehablsky area can give up to 500 million cubic metres of gas annually.
At the end of the meeting the Pole Davis presented Aslan Tkhakushinov the original of the map of 1688, where the borders of Circassia were designated. The document was stored in the London library and, on the presumable data, was made in Venice. Aslan Tkhakushinov thanked for the costly present and emphasized that the rarity would find the worthy place in the National museum of Adygeya Republic.
Adygheya.ru
NatPress
http://www.natpress.net/stat_e.php?id=3392
