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GAZPROM

October 23, 2006

Onsite meeting on Bovanenkovo field and trunkline system development issues held

The town of Nadym has hosted an onsite meeting dedicated to the construction of crucial supporting facilities at the Bovanenkovo oil and gas condensate field and development of a gas transmission system. The meeting was moderated by Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee.

Taking part in the meeting were Valery Golubev, Member of the Gazprom Management Committee, Head of the Gazprom Investment and Construction Department, Director General of Gazkomplektimpex; Vasily Podyuk, Member of the Gazprom Management Committee, Head of the Gazprom Gas, Condensate and Oil Production Department; Anatoly Ostryagin, First Deputy Governor of the Yamal-Nenets Autonomous District; top managers and specialists from Gazprom’s subsidiaries.

Opening the meeting, Alexander Ananenkov noted that the Bovanenkovo field was a key element of the United Gas Transmission System development up to 2030 process. Over the said period projected production rates will be maintained through field development on the Yamal Peninsula, in the Barents Sea offshore, Ob and Taz Bays, Eastern Siberia and the Far East.

A. Ananenkov stressed that developing the Bovanenkovo and Shtokman fields was a priority for Gazprom.

The meeting decided that while the Bovanenkovo field pre-development customer and operator would be Nadymgazprom, the gas transmission system construction customer and operator would be Yamalgazinvest and Severgazprom, respectively.

The participants addressed matters in regard with specifying a cargo and personnel transportation to Bovanenkovo scheme.

Particular attention was paid to the construction of a trunkline system from the Yamal Peninsula. The participants noted that the pipelines would be built with the help of the latest technological developments.

A. Ananenkov emphasized that pipes and technological field equipment will be ordered from Russian companies.

Reference:

In January 2002, the Gazprom Management Committee had identified the Yamal Peninsula as a region of Gazprom’s strategic interest. Commercial development of Yamal fields will help build up local gas production to 250 bcm/y. Accessing Yamal is of principled significance for securing gas extraction growth.

Yamal has seen the discovery of 11 gas and 15 oil and gas condensate fields with the total recoverable gas, condensate and oil reserves of 10.4 tcm, 228.3 mln t and 291.8 mln t, respectively. The combined reserves of Yamal’s largest fields, namely the Bovanenkovo, Kharasavey and Novoportovskoye fields operated by Nadymgazprom (a wholly owned subsidiary of Gazprom), account for 5.9 tcm of gas, 100.2 mln t of condensate and 227 mln t of oil.

The Cenomanian-Aptian deposits of the Bovanenkovo field are a paramount development target on Yamal.

The Substantiations of investment in supporting and gas transmission facilities of the Yamal Peninsula based Bovanenkovo field were developed by VNIPIgazdobycha. The Substantiations cover the capacity commissioning sequence, gas extraction dynamics, general transmission route and gas main construction scheme.

115 bcm/y of projected gas production from Bovanenkovo is anticipated to increase to 140 bcm/y in the long-term. In order to deliver the extracted gas to the UGTS, it is necessary to build a 2,451-km-long gas transmission network including a new 1,100-km-long transmission corridor from Bovanenkovo to Ukhta.

The Substantiations have received all government and expert approvals required by the existing RF legislation. All expert reports point to the expediency of executing the development project for the Bovanenkovo field and construction project for a gas transmission network from Yamal.

In October 2006, the Gazprom Management Committee reviewed the progress with the development of the Substantiations of investment in supporting and gas transmission facilities of the Yamal Peninsula based Bovanenkovo field and ordered to initiate the investment stage of the Bovanenkovo field development and gas main network construction.

Gazprom’s core business units were tasked with bringing onstream in the 3rdQ of 2011 first 15 bcm/y upstream facilities for the Cenomanian-Aptian deposits of the Bovanenkovo field as well as a Bovanenkovo – Ukhta gas main system.

 

 

 

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