Page 144 - RusRPTOct22

9.2 Major corporate news 9.2.1 Oil & gas corporate news
● Gazprom
Gazprom has already initiated production at the liquefied natural gas (LNG) plant at the Portovaya compressor station in the Leningrad Region, Deputy Chairman of the Executive Committee Vitaly Markelov said at the Eastern Economic Forum. Two process trains are currently operating at the plant. "About 30,000 tonnes of LNG have been produced to date. The plant completed 72-hour comprehensive trials yesterday," Markelov said. The plant with the capacity of 1.5mn tonnes comprises a marine terminal for LNG shipments by LNG carriers and a terminal for LNG shipments by motor transport.
The Timisoara and Bucharest offices of Gazprom’s local subsidiary in Romania, NIS Petrol (Romania), and the residences of some of its employees were searched by the Directorate for Investigating Organized Crime and Terrorism (DIICOT) on October 3, in relation to an alleged transfer of classified and non-public information to the parent group abroad, DIICOT confirmed after local media reported at least nine such operations. Employees of the Gazprom subsidiary are suspected of breaching the provisions of the Oil Law by reporting their findings to their parent group while at the same time failing to report the findings to the mineral agency, according to DIICOT. The subsidiary has been carrying out oil and gas exploration works under four concession agreements with the national mineral agency NAMR since 2008, and since 2014 in partnership with Canada’s East West Petroleum Corp (EWP).
Russia’s Gazprom is targeting first gas from the Kovyktinskoye field in Eastern Siberia by the end of the year – a project that will help bolster gas sales to China as supplies to its main market of Europe are set to decline, company CEO Alexei Miller said in a speech on August 31. Gazprom began piping gas to China at the end of 2019, following the launch of the 38bn cubic metre per year Power of Siberia pipeline. Currently only one field, Chayandinskoye, is linked to the pipeline. But construction of a pipeline linking Chayandinskoye and Kovyktinskoye is undergoing completion, Miller said.
Gazprom managed to increase gas deliveries via the Power of Siberia to China by 60% in January-August. This year Gazprom has several times updated the record for daily gas supplies in excess of contractual obligations in terms of daily contractual quantities. Gazprom will definitely fulfill its obligations to supply gas to China in 2023, which needs more and more gas. A new resource base has also been prepared to increase supplies - gas from the
144 RUSSIA Country Report October 2022 www.intellinews.com