Page 4 - GLNG Week 01 2023

GLNG COMMENTARY GLNG

Russia kicks off gas flow

through Power of Siberia

from second field

COMMENTARY Russia’s Gazprom has launched a second field Gazprom completed an 804-km pipeline ear-
to flow gas to China via the Power of Siberia lier this month linking the field with Chayan-
pipeline, supporting Moscow’s goal of expand- dinskoye. This makes the Power of Siberia now
ing eastward exports to replace lost sales to the 3,000 km in length.
European market. “In the east of the country, we have formed
The start-up of the Kovyktinskoye field in a strategically important infrastructure complex
the Irkutsk region was marked by a ceremony for Russia of production, transport and process-
on December 21 attended via teleconference by ing facilities. There are simply no analogues to
Russian President Vladimir Putin and Gazprom this in the world,” Miller said in a statement.
CEO Alexei Miller. Following the launch of a “Today we launched new key facilities. This is a
first gas treatment unit, Kovyktinskoye is capa- unique [field and] the largest in Eastern Siberia
ble of flowing 6bn cubic metres per year of gas to in terms of gas reserves.”
China, complementing existing deliveries from Kovyktinskoye’s total gas resources are
the Chayandinskoye field in Yakutia. Once three assessed by Russia at 1.8 trillion cubic metres.
more units are brought on stream, production In addition to gas, the field also yields gas con-
at the field will reach a plateau level of 27 bcm densate that can be used to produce motor fuels
per year. and plastics. Infrastructure has been established
Gazprom is contracted to send at 38 bcm per to stabilise this condensate and transport it to
year via the Power of Siberia under a 30-year industry, Gazprom said. This includes a 173-km
contract it struck with CNPC in 2014. But pipeline and a railway loading terminal.
this peak level is not anticipated to be reached In addition to flow via the Power of Siberia,
until around 2025 – six years after the pipeline’s Russia signed a contract in February to pump
launch. an additional 10 bcm per year of gas to China
Kovyktinskoye’s start-up comes after via a newly planned pipeline that will enter the

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