ZAO Achimgaz, joint venture OAO Gazprom Rusia dan perusahaan chemical yang berbasis di Jerman, BASF AG, memulai produksi gas dan kondensat pada 12 November dari Achimov di Siberia, kira-kira 3,500 km timur laut Moscow.

A second JV project, Yuzhno Russkoye gas field, was commissioned in 2007 and supplies more than 50 million cu m/day of gas from the Achimov formation in the Urengoy deposit.

The JV plans to recover up to 200 billion cu m of gas and 40 million tonnes of condensate from Section 1A of the Achimov formation over 40 or so years. The annual gas production target during the plateau phase is 7.5 billion cu m, it said.

Although the two companies have a history of cooperation through JVs in Europe since 1990, the two Siberian fields are important symbolically, said BASF chairman Jurgen Hambrecht: ‘With these projects, for the first time a European company (BASF), is playing a central role in natural gas production in Siberia…. That means more supply security for Germany and all of Europe.’

ZAO Achimgaz was founded in July 2003 as a 50:50 JV of Gazprom subsidiary OOO Gazprom Dobytscha Urengoi and BASF subsidiary Wintershall Holding AG of Kassel, Germany.