The court rejected LUKOIL in lifting of interim measures on the East-Taimyr area


MOSCOW, October 14. The court rejected LUKOIL in lifting of interim measures on the East-Taimyr area, reports Corr. from a court hall.

Earlier, the court in interlocutory injunction prohibited the issuance of a license to the winner of the contest.

“Daughter” LUKOIL won the competition for the East of Taimyr oil and gas site. On land also claimed by Rosneft. Now Rosneft is disputing the results of the contest in arbitration court of Moscow, considering that the tender was held with violations.

During the court session the representative of LUKOIL said that oil company for interim measures court for the Eastern Taimyr site may violate the terms of the license for execution of works. “We contained a number of commitments on which to run the event, so the period specified in the license, not to miss,” said the representative of LUKOIL.

According to him, every day maintain a security measures the situation is getting worse. Each week at the East-Taimyr area in the far North is a multiple increases the cost of the Deposit for fulfillment of license obligations by LUKOIL. In accordance with the obligations the company is required to perform a certain amount of work on the site within one year from the date of obtaining the license.

Also LUKOIL may violate obligations that the company assumed in the region budget will receive less money, said the representative of the oil company in court.

The representative “Rosneft” has declared in court that he did not agree with the position of LUKOIL, citing the fact that all of the obligations of the plot in any case will be executed after the court decision.

The next court session under the claim “Rosneft” in the East-Taimyr area on the merits is scheduled for November 10.

Earlier the Arbitration court of Moscow dismissed the LUKOIL in lifting of interim measures on the East-Taimyr area.

The company “LUKOIL-Western Siberia” – a subsidiary of LUKOIL won the competition for the East of Taimyr oil and gas site, located in the Taimyr Dolgan-Nenets municipal district of Krasnoyarsk Krai. The amount of the starting payment for the right to use the land amounted to 2 billion rubles. The resources of this area, adjacent to the shelf, amount to 4.5 million tons of oil and 9.3 billion cubic meters of gas and 0.5 million tons of condensate.

East of the Taimyr subsoil plot of Federal importance located in the Krasnoyarsk region off the coast of the Laptev sea. Land area is 13.8 thousand square km.