In the first quarter of 2014 the gas production on Yamal decreases by 2.2%
Edited by Rhod Mackenzie / 2014-04-29 06:48:23
Energy Oil and Gas Refining Russia Petrochemicals Russia Oil and Gas Gazprom Gazpromneft LNG Novatek Oil Rosneft
Since the beginning of 2014, compared with the data of the first three months of 2013, the volume of gas produced on the Yamal Peninsula decreased by 2.2%, amounting to almost 148 billion 810 million m3. The production of oil decreased by 2%, thus the performance of the first quarter of 2014 holds at the mark of 5 million 310 thousand tons.
Meanwhile, 4 million 111 thousand tons of gas condensate were recovered from the Yamal subsoil, which is an increase of 6.4%. The unchanged greater volume of gas belongs to a subsidiary of OAO "Gazprom", which accounted for 82.7 % of the total gas production in the region for the first 3 months of 2014. Totally the volume is 123 billion 126 million m3 of gas.
