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Friday, October 21, 2016

Putin participated in the launch of the Northern mainland oil fields of Russia

Russian President Vladimir Putin via video link gave a start of operation of the Vostochno-Messoyakhskoye field in the Yamalo-Nenets Autonomous district. The head of state noted that it was the most Northern mainland oil field in Russia. Work on it started in the most difficult climatic conditions decades ago.

Putin added that after the Vostochno-Messoyakhskoye fields, experts will start to the development of the Zapadno-Messoyakhskoe fields. “So there is a large, very interesting and useful work”, – concluded the President.

The Vostochno-Messoyakhskoye field will develop joint enterprise of “Gazpromneft” and “Rosneft”. Reserves of oil and gas condensate are estimated at 340 million tons, gas reserves – more than 113 billion cubic meters. Output at peak production (5.6 million tons) is projected in 2020.


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