OREANDA-NEWS. Gazprom Neft upped its share of Chevron's coop-company "Severnaya Taiga Neftegaz", achieving a total portfolio of 75%, reports Veles Capital information service with reference to Gazprom Neft's. Transfer of license for Piyatikunsky spot from Gazprom to "Severnaia Taiga Neftegaz" is currently underway. Cooperative enterprise will also operate over Aikhetinskiy spot, located in Yamalo-Nenetsky Administrative District, just like Piyatikunsky.

The experts see Gazprom's move to achieve 75% portfolio in joint company with Chevron Neftegaz as expected by the market, without bringing any serious influence over shares of Gazprom Neft, in their opinion. "It is to early to speak about quotes movement, before all agreements on joint enterprise has been reached and some preliminary values of production plans are disclosed. After given changes are introduced into model of company, we will be able to estimate growth potential of shares relative to given project. If we look at business of company, we can say that given increase of portfolio allows company to increase its reserves and oil extraction rate, after geological surveying is complete and joint company begins its work. Overall, we are positive for latest steps taken by company." the Veles' analysts concluded.