Rosneft has acquired a number of oil and gas assets from ALROSA in Yamalo-Nenets Autonomous Region and in the Republic of Sakha (Yakutia), including 100% holdings in Geotransgaz, Urengoi Gas Company, Irelyakhneft and the 99.9995% stake in ALROSA-Gas.
Geotransgaz holds licence for separate blocks of the Beregovoe gas condensate field, while Urengoi Gas Company holds licences for Ust-Yamsoveyskoye and Urengoi fields in Yamalo-Nenets Autonomous Region. The fields’ recoverable gas reserves stand at approximately 170 bcm, liquid hydrocarbons over 20 Mt. Irelyakhneft holds licence for Irelyakh oil field in the Republic of Sakha (Yakutia) with recoverable reserves of over 9 Mt of oil. ALROSA-Gas holds licence for Srednebotuobinsk gas condensate field in the Republic of Sakha (Yakutia) with recoverable reserves of approximately 40 bcm of gas.
The transaction is valued at US$1.38bn. The acquisition of ALROSA assets will increase Rosneft recoverable gas reserves by more than 200 bcm and will give a boost to the Company’s Yamal Gas Cluster development.