Resource base for “Arctic LNG 2”. The license for Utrenneye field was prolonged till 2120

NOVATEK prolonged the license for Utrenneye (Salmanovskoye) field in Yamal-Nenets Autonomous Okrug till 2120. This information was given in the presentation of the deputy chairman of the board of NOVATEK Mark Gyetvay. Earlier the license for the field acted till 2031.

According to him, the borders of Utrenneye field are enlarged, and the license is prolonged till 2120. Also in the first quarter the company received the permission of Rosnedra on enlargement of borders of the area, what will increase gas reserves approximately on 6%, as PRIME informs. In February NOVATEK paid 167 million rubles for enlargement of the borders of Utrenneye field, which is the basic resource base for the project “Arctic LNG 2”. In October Mark Gyetvay told that the company had increased reserves of Utrenneye field on 320 milliard cubic meters of gas and on 33 million tonnes of liquid hydrocarbons. Thus, according to state on the end of October of 2017 reserves of Utrenneye field on the category ABC1+C2 made about 1 trillion and 600 milliard cubic meters of gas and 65 million tonnes of liquid hydrocarbons. “Arctic LNG 2” is the second LNG-plant of NOVATEK connected with production of liquefied natural gas after “Yamal LNG”. The plant will consist of three technological lines in 6 million and 600 thousand tonnes each. The startup of the first line is planned for 2022-2023 with the further startup of other lines in 2024 and 2025.