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TNK-BP Rospan Natural Gas Reserves May Jump With New Exploration

February 08, 2012, 6:22 AM EST

By Stephen Bierman

Feb. 8 (Bloomberg) -- TNK-BP, Russia’s third-largest oil producer, may boost natural gas reserves at its Rospan unit to 1 trillion cubic meters from about 600 billion cubic meters after additional exploration.

The company aims to increase the northern Siberian unit’s reserves by adding gas resources sought in a new geological layer, TNK-BP Vice President Victor Blagoveschenskiy told journalists in Moscow today.

--Editor: Paul Abelsky

To contact the reporter on this story: Stephen Bierman in Moscow at sbierman1@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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