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Novatek says launches deposit with planned production of 1 bcm

MOSCOW, Jul 24 (PRIME) – Independent Russian gas producer Novatek has started commercial operations at the Yuzhno-Khadyryanskoye deposit in the Yamalo-Nenets Autonomous Region with a planned production level of one billion cubic meters of natural gas, it said on Wednesday.

CEO Leonid Mikhelson said that the location of the deposit facilitated its launch at a low cost.

The deposit’s resources amount to 28 bcm under Russian classification.

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24.07.2019 10:30