The State Reserves Commission Considers Benefits for Hard-to-recover Gas Reserves
According to its head Igor Shpurov, the dependence of the world energy balance on Russian gas by 2050 will be key.
The State Reserves Commission considers the introduction of incentives for the development of hard-to-recover gas reserves (HRR) of gas in Russia, said the head of the state commission, Igor Shpurov.
According to him, the key will be the dynamics of the global energy balance from Russian gas by 2050, however, to ensure the safety of hydrocarbons, it is necessary to additionally ensure the growth of profitable reserves of the Russian Federation by 27 billion tons of standard fuel through geological exploration and accounting for hard-to-recover oil and gas reserves.
“We talk about oil reserves very often when we talk about hard-to-recover reserves, and the types of tax incentives mentioned are currently applied mainly to oil. “The hard-to-recover gas also needs benefits,” Shpurov said at the Tatarstan Oil and Gas Chemical Forum. In his opinion, the extraction of hard-to-recover gas, for example, the Berezovskaya suite, residual low-pressure gas, etc., is promising.
Shpurov said that stimulating the development of hard-to-recover oil is yielding results – oil production due to incentives that allow the introduction of new technologies is doubling. According to Shpurov’s presentation, the share of HHR in the annual oil production in the Russian Federation is 37% (166 million tons), and tax incentives allow increasing the share of high technologies in oil production from 35% in 2009 to 65% in 2019.
“In order to ensure our energy balance – the Russian one, including the global energy balance, because the global energy balance can reduce dependence on oil, but in the future the situation with Russian gas in the global energy balance in 2050 will be key in terms of our size, in order for us to develop the project, we need to 2050 to provide reserves of an additional 27 billion tons of standard fuel. 5 billion – development of HHR.
Earlier, Novatek addressed the government of the Russian Federation Mikhail Mishustin with the opinion of the Prime Minister on stimulating the production of hard-to-recover gas in the Russian Federation. As Vladimir Kudrin, deputy chairman of the board of Novatek, said in the end, in Russia in 2022, the production of hard-to-recover gas reserves in the amount of 60 billion cubic meters. m, of which 23 billion cubic meters. I have a problem with Novatek. According to him, it is necessary to extend the preferences that are provided for hard-to-recover oil reserves to gas reserves. Russian Energy Minister Nikolai Shulginov stressed at the time that the ministry provided for the need to develop hard-to-recover reserves.
