JKX signs Russian gas sales contract

JKX Oil & Gas has announced that its wholly owned Russian subsidiary, Yuzhgazenergy, has signed a sales agreement with Kubangazifikatziya for the sale of 100% of the gas produced in 2012 from its Koshekhablskoye field in southern Russia.

JKX Oil & Gas has announced that its wholly owned Russian subsidiary, Yuzhgazenergy, has signed a sales agreement with Kubangazifikatziya for the sale of 100% of the gas produced in 2012 from its Koshekhablskoye field in southern Russia.

Kubangazifikatziya will take delivery of gas from the Koshekhablskoye field at the export flange and will be responsible for transport through the Gazprom pipeline network to end users.

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