Thursday, September 24, 2020
Home Oil & Gas Gazprom moves ahead with strategic projects in the Yamal Peninsula

Gazprom moves ahead with strategic projects in the Yamal Peninsula

The Management Committee of Russia’s state-owned energy group Gazprom took note of the status of the company’s major investment projects and their progress for 2020.

In the Yamal Peninsula, Gazprom plans to bring 52 new gas wells onstream at the Bovanenkovskoye field this year. Bovanenkovskoye is the largest field of the Yamal Peninsula, a strategic production centre of Russia, holding 26.5 trillion cubic metres of gas and 300 million tons of oil reserves. The initial gas reserves of Bovanenkovskoye amounts to 4.9 trillion cubic metres. The design gas production capacity of the field is 115 billion cubic metres (bcm) per year.

Bovanenkovskoye is part of the Bovanenkovo production zone that has the largest extraction potential in the Russian Arctic and includes three fields – Bovanenkovskoye, Kharasaveyskoye, and Kruzenshternskoye – with a projected overall production of 217 bcm of gas and 4 million tons of stabilized condensate per year.

At the Kharasaveyskoye field, Gazprom is beginning to weld pipes for gas collection headers and the connecting gas pipeline stretching to Bovanenkovskoye. This year, the company also plans to start production drilling and the construction of a comprehensive gas treatment unit (CGTU) and a booster compressor station at Kharasaveyskoye. The development of the field was announced in July 2018 and production is set to launch in 2023.

Gazprom announced at the beginning of the year that the third field of Bovanenkovo production zone, Kruzenshternskoye holds up to 2 trillion cubic metres of natural gas, more than what Gazprom earlier recorded.

Natural gas from the vast reserves of Bovanenkovo is intended to supply Europe via the Nord Stream 2 gas pipeline, running offshore on the bed of the Baltic Sea to reach Germany with a total capacity of 55 bcm of gas a year.

Gazprom plans to continue expanding the northern gas transmission corridor as well. Compressor stations and workshops are being set up at the Bovanenkovo – Ukhta 2 and Ukhta – Torzhok 2 gas pipelines, which are intended to convey gas from the Yamal Peninsula into Russia’s Unified Gas Supply System. Also ongoing is the project for enhancing gas transmission capacities between Gryazovets and the Slavyanskaya compressor station, which is currently being built.

Construction is in progress at the LNG production, storage and shipment complex near the Portovaya compressor station. Gazprom expects that the plant will help to increase Russiam exports of liquefied natural gas (LNG) and liquefied petroleum gases (LPG). It is expected to put the first train of the complex into operation in the second half of 2023 and the second train in late 2024.

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