print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all GAZPROM press releases

GAZPROM

October 14, 2004

Gazprom started operation of the Pestsovaya area of the Urengoy field

Yesterday at 20:50 Moscow time, the first gas from the Pestsovaya area of the Urengoy gas and oil condensate field was supplied to the Russian Unified gas supply system.

The natural gas was supplied to the UGS system from the complex gas treatment plant N16 via a newly built gas pipeline of 1420 mm in diameter and 47 km in length.

20 wells are operated at the Pestsovaya area currently, and average daily production is 10 million cubic meters. 61 wells are planned to be brought into operation by the end of 2004. These wells will produce 1.5 - 2 billion cubic meters of gas this year.

In 2005, production at the Pestsovaya area is planned to reach 12.6 billion cubic meters of gas, and 27.5 billion cubic meters of gas, the design capacity, by the end of 2006.

Alexei Miller, Chairman of Gazprom's Management Committee, said: "Bringing the Pestsovaya area into operation is an important element in fulfilling Gazprom's long term strategy aimed at gas production increase and developing new large oil and gas fields.

The Pestsovaya area will have an important place among other fields brought into operation recently, including Zapolyarnoye, Vyngayakhinskoye, En-Yakhinskoye, Eti-Purovskoye and others.

It is sufficient to say that the Pestsovaya area production volume will in 2006 match our supplies to the largest consumer of the Russian produced natural gas - Germany".

Reference:

The Pestsovaya are of the Urengoi field is located in Nadym district of Yamalo-Nenetsk autonomous region, 160 km to the north-west from the city of Novii Urengoi. The field was discovered in 1974.

The Pestsovaya area development is carried out by one of Gazprom's main gas producing companies - Urengoygazprom.

The Pestsovaya area first phase includes: the complex gas treatment plant N16, gas pipeline of 1420 mm in diameter and 47 km in length, water intake facilities and autonomous life support systems, engineering systems, gas supply, water supply and energy supply systems, two dormitories for 250 workers, and a fire station.

DIVISION OF RELATIONS WITH MASS MEDIA

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer