JSC "Kaliningradneft"

West Oil Projects Ltd holds 99.74% in OJSC "KaliningradNeft" (KGN).

OJSC "KaliningradNeft" is an independent oil producer involved in the exploration, extraction and production of hydrocarbon reserves in the 3 fields in Kaliningrad Area with access to export routes.

• Fields are located onshore in well developed and industrialised zone of Kaliningrad Region, Russia.

• The region is predominantly oil bearing with identified onshore and offshore locations. 

• Offshore fields are mainly operated by Lukoil with abundance of Refineries and local infrastructure available.

• Availability for export and local market at premium to Brent quotations.

 

 

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