Page 10 - FSUOGM Week 38 2021

FSUOGM POLICY FSUOGM

Rosneft, Gazprom Neft pick up new

licences in Yamalo-Nenets

RUSSIA RUSSIAN oil and gas majors Gazprom and Ros- unexplored areas of Russia. It has rights to sev-
neft have won auctions for new subsoil licences eral more fields in the Yamalo-Nenets region and
Rosneft and Gazprom in the Yamalo-Nenets region, Russian media the north of the Krasnoyarsk province.
made headlines in May reported on September 21. Meanwhile Gazprom won auctions for the
for driving up the cost Yermak-Neftegaz, a joint venture between Vostochno-Malyginsky and Vostochno-Kharas-
of a licence to $240mn. Rosneft and close UK partner BP, secured a aveysky blocks in Yamalo-Nenets, on the Yamal
licence for the Kharayegansky block, paying Peninsula. It paid RUB12.8bn and RUB4.2bn
RUB75.1mn ($1mn) after winning a subsoil respectively for the licences. Vostochno-Ma-
contest. The JV also won rights to the Khoshgo- lyginsky holds 485.4 bcm of gas and 30.3mn
rtyegansky block, also in Yamalo-Nenets, agree- tonnes of condensate in D0+D1+D2 resources,
ing to pay RUB56mn. while Vostochno-Kharasaveysky contains 409
The Kharayegansky block holds 32.6mn bcm of gas and 40.3mn tonnes of condensate in
tonnes (239mn barrels) of oil, 19.1bn cubic D0 resources.
metres of gas and 0.62mn tonnes of condensate Rosneft and Gazprom made headlines in
in D1+D2 resources. Meanwhile the Khoshgor- May after going head to head in a heated auc-
tyegansky area holds 21.7mn tonnes of oil, 19.5 tion for rights to a large block in Yamalo-Nenets.
bcm of gas and 0.7mn tonnes of condensate. Rosneft won after agreeing to pay the unusually
Yermak-Neftegaz was set up by Rosneft and high price of RUB17.6bn ($240mn) for the Seve-
BP in 2016 to find and develop fields in relatively ro-Kustarnikovy licence. ™

PROJECTS & COMPANIES

Gazprom Neft delays Chonsky

launch again

RUSSIA GAZPROM Neft has warned of further delays to Masalkin added that both domestic and
the Chonsky oil project in Eastern Siberia, citing foreign companies were interested in partici-
Chonsky comprises the impact of the pandemic. pating in Chonsky. In the past, investors from
three fields near the Chonsky comprises three fields near China have expressed interest in the project. The
border dividing Irkutsk the border dividing the Irkutsk and Yaku- fields are only 100 km away from the Eastern
and Yakutia. They are tia regions, estimated to hold 222mn tonnes Siberia–Pacific Ocean (ESPO) oil pipeline sys-
just 100 km from the (1.63bn barrels) of crude. Gazprom Neft tem, providing easy access to China and other
ESPO pipeline. acquired licences for the fields in 2008 and Asia-Pacific markets. This makes partners from
launched pilot production at the largest of the Asia a more likely prospect.
fields, Ignyalinskoye, in 2016. Gazprom Neft expanded the borders of one
The company has repeatedly delayed the tar- of the Chonsky licences in September last year,
get for Chonsky’s commercial launch, however. boosting the project’s reserves by 10%. ™
The fields are both remote and complex, and
therefore Gazprom Neft has been seeking inter-
national partners to bring development forward,
but so far has not secured any. Until now, the pro-
ject’s start-up had been scheduled for 2015.
“But the pandemic has adjusted our plans,”
Gazprom Neft’s director for geological pros-
pecting and resource base development, Yury
Masalkin, told the Moscow-based Prime news
agency on September 17. “We are working
actively with the potential partners. As soon as
any official agreements are signed, we will be able
to specify the new dates when the production
will begin.”

P10 www. NEWSBASE .com Week 38 22•September•2021