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Gazprom postponed the launch of the Yuzhno-Kirinskoye field for 2 years



This field should become a base for the expansion of the only Russian LNG plant in Sakhalin.



24.Aug.17 1:08 PM
By Daria Zaytseva
Photo Toinnov.com

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Gazprom postponed the launch of the Yuzhno-Kirinskoye field for 2 years

Vadim Petrenko, head of the offshore development department at Gazprom, said on Thursday that the company plans to launch the Yuzhno-Kirinskoye field in 2023, whereas the company previously targeted the year 2021.

The field is one of the largest reserves on the Russian shelf and second only to the Shtokman field of Gazprom in the Barents Sea.

South Kirinskoe was planned to be commissioned in 2021 with an output to the designed capacity of 21 billion cubic meters of gas per year in 2032, but in August 2015 the field fell under the sanctions of the West, which prohibit the supply of imported equipment for its development.

Petrenko said that next year Gazprom plans to start production drilling at Yuzhno-Kirinskoye.

South-Kirinskoe should become a resource base for the third line of the LNG plant with a current capacity of 10 million tons per year under the Sakhalin-2 project. The project is led by Gazprom in partnership with the Anglo-Dutch Shell and Japanese Mitsui and Mitsubishi. Previously, Gazprom planned to take an investment decision on the construction of the third phase of the plant in 2018.

In the summer of 2016 it became known that Shell could participate in the development of the South Kirinsky field as part of a strategic partnership with the Russian concern, but so far no solution has been forthcoming.

According to sources, negotiations on such participation are still ongoing.




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