NOVATEK increases its resource base on the Gydan peninsula
11:37 27 мая 2019
Категории: News in English
The company “NOVATEK” reported about receiving of rights for five new license areas in Krasnoyarsk Krai. They are located in close proximity to the company’s existing assets on the Gydan Peninsula.
A subsidiary of NOVATEK “NOVATEK-Yurkharovneftegaz” received the right to use subsoil of Khalmeryakhskoye, Dorofeyevskoye and the West-Dorofeyevskoye areas with the aim of geological study, as the press-service of the company informs. In addition, a subsidiary “NOVATEK-Tarkosaleneftegaz” received the right to use subsoil of the South-Khalmeryakhskoye and the South-Dorofeyevskoye areas for geological study.
Acquisition of the new license areas is in line with the strategy of NOVATEK on increase in the resource base in Yamal and Gydan for growth of gas and liquid hydrocarbon production.
The company “NOVATEK” is the largest independent natural gas producer in Russia. In 2017 the company entered the international gas market in connection with the successful launch of the project “Yamal LNG”. Extractive fields and license areas of NOVATEK are located mainly in Yamal-Nenets Autonomous Okrug.