Eurasia Journal News

Novatek May Tap Additional Gas Volumes from Deep Horizons of Nadym-Pur-Taz Region Within 3–5 Years if Tax Burden Is Reduced

Novatek could begin developing additional reserves from deep horizons of the Nadym-Pur-Taz region (Yamalo-Nenets Autonomous Okrug) within three to five years. This was stated by Ekaterina Galyan, Director of the Subsoil Use and Resource Base Management Department at the company, during the “Hard-to-Recover Reserves – Present and Future” conference. At …

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Eurasia Journal News

Gas Production in the Russian Federation May Halve by 2040 Without Hard-to-Recover Reserves

Reserves, Including Offshore Fields, Gas Production in the Russian Federation May Decline by Nearly Half by 2040. Recoverable gas reserves are being depleted, and without the development of hard-to-recover reserves, including offshore fields, gas production in the Russian Federation could decrease by nearly fifty percent by 2040. This data was …

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Eurasia Journal News

Gas Reserves at Gazprom’s Medvezhye Field May Be Classified As Hard-To-Recover

The development of hard-to-recover gas reserves along the Senone is very promising, interesting and profitable, noted the head of Rosnedra Evgeny Petrov. The Russian government may include in the list of hard-to-recover reserves (TRIZ) the Senonian gas deposits developed by Gazprom at the Medvezhye field in the Yamal-Nenets Autonomous Okrug. …

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