PAO Novatek introduced that Novatek-Tarkosaleneftegas, an entirely owned subsidiary, commenced pilot manufacturing on the North-Russkoye area, with estimated annual manufacturing capability of 5.7 billion cubic meters of pure gasoline and 700 thousand tons of gasoline condensate.
The North-Russkoye area is the primary launch of the North-Russkiy block of fields, which additionally consists of the Dorogovskoye, East-Tazovskoye and Kharbeyskoye fields scheduled for industrial launch throughout 2020 to 2021 with cumulative gasoline manufacturing capability of greater than 13 billion cubic meters every year.
“The profitable launch of the North-Russkoye area is according to the Company’s technique to extend our home pure gasoline manufacturing within the space of the United Gas Supply System,” famous Leonid Mikhelson, Novatek’s Chairman of the Management Board. “The fields comprising the North-Russkiy block are situated in shut proximity to one another, permitting us to optimize capital prices on pure gasoline and condensate remedy amenities, in addition to transport infrastructure.”
The North-Russkoye area is situated within the Tazovskiy district of the Yamal-Nenets Autonomous Region. Novatek-Tarkosaleneftegas holds the sphere’s license for exploration and manufacturing actions. As of 31 December 2018, the sphere’s reserves underneath the Russian reserves classification totaled about 104 billion cubic meters of pure gasoline and 6.5 million tons of liquids.
(Source: Novatek – Image: Flying over the Tazovskiy tundra/Rne Pierre/energyglobalnews)

The submit NOVATEK COMMENCES PILOT PRODUCTION AT THE NORTH-RUSSKOYE FIELD appeared first on Energy Global News.

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