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.