SIP Trunking News

[November 06, 2006]

Bovanenkovskoye field a main feature in Gazprom scheme - Ananenkov

(Interfax News Agency Via Thomson Dialog NewsEdge) The Bovanenkovskoye oil and gas condensate field on the Yamal Peninsula is one of the main elements in Gazprom's general development scheme to 2030, Gazprom Deputy CEO Alexander Ananenkov said at a working group meeting in Nadym.

"The Bovanenkovskoye field is one of the main elements in the Gazprom development scheme to 2030. After 2010 planned gas production will be achieved by developing fields on the Yamal Peninsula, the Barents Sea, in the Ob and Tazov bays, in Eastern Siberia and in the Far East. Development of the Bovanenkovskoye and Shtokman fields will be for Gazprom the implementation of two parallel mega projects," the press service of Gazprom subsidiary Nadymgazprom quoted Ananenkov as saying.

Participants in the meeting discussed organizing the construction of important infrastructure at the Bovanenkovskoye field and establishing a transport scheme for delivering freight and workers to the field.

The statement said that trunk pipelines from Yamal would be built using different technology and would be designed for gas pressure of 120 atmospheres. Ananenkov said that orders for pipes and all equipment for the pipelines would mainly be placed with Russian companies.

At the start of October 2006 the Gazprom executive board ordered a start to the investment stage of a project to develop the first field on the Yamal Peninsula - the Bovanenkovskoye field, and the construction of transport systems.

The relevant Gazprom divisions were directed to ensure the launch of the first start-up complexes for the development of Senoman deposits at the Bovanenkovskoye field, with productivity of 15 billion cubic meters per year, and the Bovanenkovo-Ukhta trunk pipeline system, in the third quarter 2011

The senoman deposits at the Bovanenkovskoye field are a priority development site on Yamal.

"The basis for investment in field construction at the Bovanenkovskoye deposit on the Yamal Peninsula and transportation of gas" was drafted by the VNIPIgazdobycha R&D. The document provides the basis for how facilities at the field will be brought on stream, the dynamics of gas production, the selection of the general transport route and the plan for construction of trunk gas pipelines.

Gas production at the field is targeted at 115 bcm per year, and in the long-term is supposed to increase to 140 bcm. A gas transport system stretching 2,451 km will need to be built in order to feed the gas into Russia's Unified Gas Transportation System, including a new gas transport corridor from Bovanenkovo to Ukhta stretching about 1,100 km.

Gazprom in January 2002 decided that the Yamal Peninsula was a strategic region for the company. Commercial development of Yamal fields will make it possible to increase gas production on the peninsula to 250 bcm per year.

Eleven gas and 15 oil and gas condensate fields, with combined reserves of 10.4 trillion cubic meters of gas, 228.3 million tonnes of condensate and 291.8 million tonnes of oil, have been discovered on Yamal. The peninsula's biggest fields - Bovanenkovskoye and Kharasaveiskoye, as well as the Novoportovskoye field, the licenses to which are held by wholly owned Gazprom subsidiary Nadymgazprom, have combined reserves of 5.9 trillion cubic meters of gas, 100.2 million tonnes of condensate and 227 million tonnes of oil.

Copyright 2006 Interfax News Agency. Source: Financial Times Information Limited.

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