Saratov. The Ministry of Environment and Mineral Resources of the Russian Federation has extended the OAO Saratovneftegas (РTС: SNFG) (a subsidiary enterprise of NK RussNeft) oil and gas production license at Pionerskoye oil and gas deposit, the company reports.
The license was issued in 1998. Now its term is extended till December 31, 2037.
Saratovneftegas carries out oil production with gas condensate at 35 oilfields, 34 of which are in commercial development.