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NOVATEK Commences Gas Condensate Production at North Russkiy Cluster

Gasoil News - Published on Tue, 11 Aug 2020

Image Source: NOVATEK North Russkiy Cluster
PAO NOVATEK announced that NOVATEK-Tarkosaleneftegas, a wholly owned subsidiary commenced pilot production from gas condensate bearing layers of the North-Russkoye and East-Tazovskoye fields with cumulative total annual production capacity of 7.7 billion cubic meters of natural gas and 1 million tons of gas condensate.

NOVATEK’s Chairman of the Management Board Leonid Mikhelson said “Our production growth in the area of the Unified Gas Supply System remains one of the key priorities of the Company's Strategy. Natural gas produced in the North-Russkiy cluster is intended for the Russian domestic market, which has proved to be very stable as compared to international markets in the recent months. Moreover, the additional volumes of gas condensate will ensure full utilization of our processing facilities.”

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Posted By : Yogender Pancholi on Tue, 11 Aug 2020
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