Bloomberg News

Gazprom to Start Output at Sakhalin Field Aug. 30, Interfax Says

February 27, 2012

OAO Gazprom (GAZP) plans to start output at the Kirinskoye gas field off Sakhalin Island in the Sea of Okhotsk on Aug. 30, Interfax reported, citing Bashir Lutfullin, deputy head of the Russian company’s Far East offshore unit.

Kirinskoye’s reserves may be increased to 160 billion cubic meters of gas from about 137 billion cubic meters, the news service said, citing Lutfullin. The field holds about 22.4 million metric tons of condensate, it said.

Gazprom plans to use six production wells, of which two will be drilled this year, Interfax said. The condensate will probably be shipped via oil pipelines built for the Sakhalin-2 project, which Gazprom runs with Royal Dutch Shell Plc (RDSA), according to the report.

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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