Russia: oil joint venture granted subsoil license for the Tsentralnaya structure in the Caspian Sea

The Tsentralnoye oil, gas and gas condensate field was discovered in 2008 following the Tsentralnaya-1 prospecting drilling. According to the National Register, the field’s C1+2 recoverable reserves are estimated at 135 million tons of reference fuel (liquid hydrocarbons approximately 70%)

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