Gazprom Neft To Consider bid for Trebs and Titov Tender

Gazprom Neft has begun studying the conditions of the tender for the Trebs and Titov fields in the Nenets Autonomous District, Deputy Gazprom Neft General Director Boris Zilbermints said during a telephone conference for investors after the release of the Gazprom Neft US GAAP financial report for the first half of 2010, RBK reports.
In answering a question on whether or not the company was interested in the project, Zilbermints pointed out the Gazprom Neft has only one small asset in the region, and therefore, before making a decision, the company must first study the conditions of the tender and calculate the financial benefits.
Bidders have until October 25, 2010, to submit bids for the Trebs and Titov tender and must enter a 100 percent starting fee of 18.171 billion rubles.
furthermore, on October 28, the bidders must give the federal subsoils agency, Rosnedra, a document confirming the payment and also technical and economic figures.