Japan's JOGMEC stops working with Gazprom Neft on E. Siberian block

Japan's JOGMEC has decided not to extend an agreement on joint work with Gazprom Neft

Japan's JOGMEC has decided not to extend an agreement on joint work with Gazprom Neft (MOEX: SIBN) at the Ignyalinsky field of the Chonsky project in Eastern Siberia, the Russian oil company told Interfax.
Gazprom Neft and JOGMEC have been doing geological surveys at the Ignyalinsky licensed block since 2012. "In April 2015, the Japanese company decided not to extend the agreement on joint work," a company spokesman said.

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