Page 10 - FSUOGM Week 28 2021

FSUOGM PROJECTS & COMPANIES FSUOGM

Rosneft books second gas discovery

this year in Yakutia

RUSSIA RUSSIAN oil giant Rosneft has reported its sec- infrastructure and few major consumers of
ond gas find in the remote Yakutia region in the gas. As a result, many gas fields are currently
But the company's gas Far East this year. stranded.
assets in the region are The discovery, named Kederginskoye, has TYNGD’s flagship asset is the Srednetuob-
stranded. had its reserves booked at 40bn cubic metres of inskoye oilfield in Yakutia, where Rosneft held
gas and 2mn tonnes of condensate, according to a tender for production drilling in March. The
Rosneft. It was made by Rosneft’s Taas-Yuryakh field’s oil is pumped to Asia-Pacific markets via
Neftegazodobycha (TYNGD) joint venture with the Eastern Siberia – Pacific Ocean (ESPO) pipe-
BP and Indian firms Oil India, Indian Oil and line. But its significant associated gas is undevel-
Bharat Petroleum. oped. All told, TYNGD owns 10 licences in total,
TYNGD made another discovery in Yakutia containing 66 bcm in proven and probable gas
in January, containing 75 bcm of gas and 1.4mn reserves, according to a 2018 appraisal by DeG-
tonnes of condensate. That one was named Ivan olyer & MacNaughton. But its gas production is
Kulbertinov. minimal.
Eastern Yakutia is gas prone, hosting a num- One company in Yakutia looking to over-
ber of large-sized fields including Gazprom’s come these challenges is Yakutsk Fuel and
Chayandinskoye field. But commercialising Energy Co. (YATEC), which plans to export as
this gas is a challenge. Gazprom sends Chayan- much as 17mn tonnes per year (tpy) of LNG
dinsoye’s gas to China via the 38 bcm per year from a liquefaction terminal on Yakutia’s east
Power of Siberia, launched in December. But coast. This terminal would connect with the
other operators are barred from using the pipe- company’s gas fields in the region’s west via a
line under Russian law. 1,300-km pipeline. The project’s cost is esti-
The region is scarcely populated, with limited mated at $30-35bn. ™

P10 www. NEWSBASE .com Week 28 14•July•2021