In another 17 years the largest share of Russian crude will be produced at yet undiscovered fields
» In another 17 years the largest share of Russian…
The country’s oil and gas sector is developing the promising petroleum areas actively. By 2035, almost 60% of oil will be extracted from yet undiscovered hydrocarbon reserves, as informed by Andrey Patrushev, Deputy CEO of Gazprom neft.
Reportedly, the development of new deposits will allow compensating the fall in oil production in the Russian conventional hydrocarbon provinces. Also, according to the company representative, Russia’s future demand for fuel will be met owing to the Arctic offshore.
The Deputy CEO considers development of new shelf fields in the Kara and Barents Seas highly promising.
Novatek boosting LNG-projects
Leonid Mikhelson, the Chairman of board, Novatek, outlined current activities carried out by the two Russian projects for the liquefaction of natural gas in the Extreme North during his meeting with the Prime-Minister Dmitry Medvedev. The company plans to commission the “Yamal LNG” plant at full capacity ahead of schedule. European banks wish to join…
Mikhelson: Yamal LNG has already signed LNG shipment contracts totalling 600bn RUB.
Key Yamal LNG clients are APR countries, accounting for 86% of all contracts signed The amount of signed LNG shipment contracts with Yamal LNG exceeds 600bn RUB, further extensible, as informed by Leonid Mikhelson, Novatek CEO. “Yamal LNG has signed contracts totalling 600bn RUB, and we intend to boost the amount rapidly”, – he said…
New arctic field hides large gas reserves, informs the Minister
“We have tested 9 sections of the deposits of the Valanginian and Apt age. We found gas and gas condensate everywhere”, states Mr. Donskoy in the interview given to Interfax, informs “Vedomosti” Kruzenstern licensed site is located partially inland and on the shelf. According to Mr. Donskoy, Gazprom is preparing for the test well boring…