Naryanmarneftegaz, which is owned 70 percent by Lukoil and 30 percent by ConocoPhillips, in 2009 produced a total of 7,576 million tons, General Director of the Company Albert Isangulov said in a press conference in early February, a press release from the company reads
The past year turned out to be a technological break-through year with full-scale production operations run in both phases of the unique Yuzhno-Khilchuyu field, Mr Isangulov said.
As reported by BarentsObserver, the Yuzhno-Khilchuyu field is not the by far biggest field in the Nenets Autonomous Okrug. The extracted oil is all pipelined to the Varandey terminal on the Barents Sea coast.
Another important and pleasant event for the company was that it in 2009 received an honored international award of the Best Company of the Year and an honored title of the Social Responsive Company based on the results of the Contest organized by the two Russian parliament champers along with several federal ministries, General Director Isangulov highlighted in his presentation.
