Lukoil launches development of oil field in Caspian region.
Lukoil will launch the development of the Korchagin oil field in the Caspian Sea this April, said the head of the company Vagit Alekperov. The Korchagin oil field's reserves are estimated at 28.8 million tons of oil and 63.3 billion cubic meters of gas. Annual extraction could reach up to 2.5 million tons of oil and about 1 billion cubic meters of gas. Lukoil has licenses to develop several more oil-fields in the Caspian region. The Filanovkoe oil-field development project is being worked out, with a possible annual oil extraction of 11-12 million tons. It expected that the development of the Filanovskoe oil-field will be launched in 2012-2013.
Premier clues up disputed pipe-lines.
At the meeting devoted to security of gas-supply, Dagestani premier Magomed Abdullaev proposed carrying out an inventory reconciliation of the gas delivery system, with money coming from republican and local budgets, and to determine the owners of disputed pipe-lines, and establish a republican-wide gas-delivery organization. These measures are required in order to reduce operational expenditures and optimize
the management system, resulting in a reduction in the cost of gas. To realize all these aims geological exploration is being carried out and
more than 700 million roubles has already been spent on this. The Premier said it was important to intensify work in this sphere. He also touched on the problems of safety - the observance of construction norms and improvement of anti-terrorism measures. The leading gas-and-oil company of Dagestan "Gazprom Transgas Makhachkala" hosted the meeting. It owns more than 1600 km of pipelines. The company works in the sphere of pipeline construction and gas delivery.
Garbage attracts investors.
A garbage recycling plant is planned to be built in Makhachkala. Details were discussed at a meeting between the city's mayor, Said Amirov, and investors. The company "Vimpel NefteGaz" will become the main investor in the project, announced its president Alexandre Puzanov. The cost of the project is estimated at 3.6 billion roubles. "The necessary documents have been drawn up, building sites have been chosen, now we have to start the construction," - said Amirov.
Short-distance flights.
The airline "Avialinii Dagestana", renamed SE Airlines, is considering the possibility of purchasing or leasing 30-35 seater Swedish SAAB-340 airplanes, announced deputy director Abdulla Angutaev. With a maximum flying distance of less than 1000 km. This is what needed for the flights within the North Caucasus and Southern Federal Districts. The plain's fuel consumption is 400kg per hour, reducing the cost of a 1-hour flight to 2000-2500 roubles.
Railroad service overcomes crisis.
Dagestani president Magomedsalam Magomedov hosted a meeting with the head of the north Caucasus department of the Russian Railroads Company (RRC), where they discussed issues of railroad transportation development in the republic. The president said there was a reduction
in the level of rail cargo shipping operations. In 2008 the shipping rate was only 60% of the level of 2007, and the situation hasn't changed in the period January-February 2010. He considers this to be the result of the economic crisis. Vladimir Goloskov said the company has spent 386 million roubles on development of the republic's railroad infrastructure. This year the company is planning to invest 192 million roubles. Taking into consideration reform in the RRC, Goloskov proposed to pass a republican law on transportation and create a regional company. He also noted that Russian Railroads are ready to satisfy any demand for commercial transportation, providing a high-level service.
Musa Musaev, Makhachkala. Exclusive for VK
