History
The Yuzhno-Russkoye field was discovered in 1969. Preparation for the development of the field started in 1997. American oil company Moncrief Oil International claims that in 1997, Gazprom's subsidiary Zapsibgazprom and Moncrief signed a contract according to which Moncrief acquired 40% of stake in the field, a claim that Gazprom does not recognize. According to the contract Severneftegazprom was established as operating company. In the following years control over Severneftegazprom was gained by Itera and later regained by Gazprom. In 2004, Gazprom started negotiations with BASF and E.ON over development the Yuzhno-Russkoye field. The inauguration ceremony launching work on the field was held on 18 December 2007.
Read more about this topic: Yuzhno-Russkoye Field
Famous quotes containing the word history:
“A man acquainted with history may, in some respect, be said to have lived from the beginning of the world, and to have been making continual additions to his stock of knowledge in every century.”
—David Hume (1711–1776)
“In the history of the human mind, these glowing and ruddy fables precede the noonday thoughts of men, as Aurora the sun’s rays. The matutine intellect of the poet, keeping in advance of the glare of philosophy, always dwells in this auroral atmosphere.”
—Henry David Thoreau (1817–1862)
“Jesus Christ belonged to the true race of the prophets. He saw with an open eye the mystery of the soul. Drawn by its severe harmony, ravished with its beauty, he lived in it, and had his being there. Alone in all history he estimated the greatness of man.”
—Ralph Waldo Emerson (1803–1882)