Gazprom Starts Operations at Final Yamal Unit

Wednesday, December 5, 2018

Russian gas giant Gazprom said on Wednesday it had begun operations at a third and final unit at its Bovanenkovo gas field on the Arctic Yamal peninsula, allowing it to boost natural gas production.

Gazprom also said it had increased the capacity of the Ukhta-Torzhok gas pipeline, aimed at facilitating Russian gas exports to northern Europe, including via the Nord Stream pipeline.

Gazprom plans to export record-high natural gas volumes of 200 bcm to Europe this year.

The company said that with the launch of the final unit, Bovanenkovo will reach a projected capacity of 115 billion cubic meters (bcm) of gas per year.

The gas field with reserves of just under 5 trillion cubic meters - on par with global annual gas demand - is key to the company's efforts to tap new deposits, apart from its traditional producing region of Western Siberia.

Last year, it produced 82.8 bcm of gas.


(Reporting by Vladimir Soldatkin; editing by David Evans)

Categories: LNG Russia Arctic Natural Gas

Related Stories

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

UK Firm Secures Exploration Extension for Two Blocks off Vietnam

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Three Dead in Chevron's Angolan Oil Patform Fire

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Current News

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Woodside Agrees Long-Term LNG Supply with Petronas Unit

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Yinson Production Closes $1B Investment to Drive Further Growth

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Wood JV Gets EPC Job for Shell off Brunei

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

Fugro Expands Geotechnical Testing Capabilities in Indonesia

UK Firm Secures Exploration Extension for Two Blocks off Vietnam

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com