According to General Director of subsidiary company Gazprom Dobycha Nadym, the field will be in operation from the fourth quarter of 2018. In an interview with Gazprom’s corporate newspaper, Sergei Menshikov confirms that his company is in full swing to prepare for project development.
When in operation, the Kharaseveyskoye field will produce an annual 32 bilion cubic meters of gas, Prime.rureports.
Another Gazprom subsidiary, VNIPIGAZ, in September this year signed a 3.1 billion RUB contract on project exploratory works.
The Kharasaveyskoye field is located on the northwestern side of the Yamal Peninsula, near the Bovanenkovo field. Gazprom will link up the new field with both gas pipeline and a railway connection. About one third of the field stretches into the Kara Sea.
Gazprom in 2010 secured the license also to the offshore part of the field, RIA Novosti informs.
As previously reported, Gazprom also has plans to develop the nearby Kruzenshternskoye field. While the Kharasaveyskoye field contains an estimated 1,9 trillion cubic meter of gas and 127,6 million tons of condensate, the Kruzenshternskoye holds about 965 million cubic meters. Also the Kruzenshternskoye partly stretches into the Kara Sea
The Faroese economy benefits greatly from its monopoly of the Russian salmon market. The islands’ biggest marine produce company, Bakkafrost, has seen its stock surge about 100 percent over the past year, including re-invested dividends.
August 9th, the Barents Region celebrated the UN International Day of the World’s Indigenous Peoples. The day was commemorated in several parts of the region, including Karasjok in Northern Norway and Teriberka in Northwestern Russia.
Sports in the Barents region have joined forces and established Barents Games. This weekend athletes from all over the region met in Oulu to compete in 14 differents sports during the Barents Summer Games. See our slide show from the competitions.
People participating in culture-, sport and Barents cooperation projects can from October apply for visa to Norway without paying a single ruble, says Marit Egholm Jacobsen with the Norwegian Consulate General in Murmansk.