Gazprom’s Headquarters hosted today a working meeting between Alexey Miller, Gazprom’s Management Committee Chairman and Gennady Fadeev, President of the Russian Railways company.

The meeting addressed potential cooperation in the development of transport infrastructure in the Yamal-Nenets Autonomous Area (YaNAA) and agreed to enter into a cooperation agreement.

The parties also raised the issue of Nadymgazprom, Urengoigazprom and Gazpromtrans’ buying into the Yamal Railway Company with the view of continueing the construction and operation of railroad links in the northern Tyumen region. Alexey Miller underscored that Gazprom was set to get involved in said project. To identify the project market value, the parties agreed to set up a working group.

At the same time, the meeting deliberated on the progress in the construction of the Obskaya-Bovanenkovo-Kharasavey railroad link being currently laid by Gazprom. The link construction prospects will be identified in an Underpinning of investments into the technical development of the Yamal Peninsula-situated Bovanenkovskoye field and supporting gas transmission facilities.

In addition, the participants reviewed the issue of elaborating and implementing a joint project on the use of liquefied and compressed gas motor fuel in the railroad sector.

Reference:

The Yamal-Nenets Autonomous Area (YaNAA) is Gazprom’s major feedstock base. Over 2003, the Company produced in this region more than 500 bcm of natural gas – over 90% of Gazprom’s overall gas extraction.

The Yamal Peninsula has been identified as a promising gas production province meeting Gazprom’s strategic interests. Until now, 26 fields with 10.4 tcm of explored gas reserves have been discovered on the Peninsula. Gazprom owns licences to develop the Bovanenkovskoye, Kharasaveyskoye and Novoportovskoye fields with 5.8 tcm in overall gas reserves. Full-scale commercial development of these fields only will allow Gazprom to withdraw additional 180 bcm of gas per annum.

A total of 12.4 million tons of cargo is calculated to be needed for the technical development of the Bovanenkovskoye and Kharasaveyskoye fields.

At the 1st stage, before a railroad line towards the settlement of Bovanenkovo is built, cargoes will be delivered via the Northern Sea Route or by river. Next stages are planned to involve, in addition to water vehicles, the Obskaya-Bovanenkovo railway link with 267 km from the Obskaya station to the Khralov crossing point, 15 station sidings, 37 bridge crossings and 162 culverts already constructed.

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