Monday, September 17, 2018

"Here comes the Russian Arctic gas that will fuel Europe"

From The Barents Observer, Sept. 14:

Energy company Gazprom will soon be able to deliver up to 150 billion cubic meters of natural gas per year from its fields in the Yamal Peninsula.
The third train of the Bovanenkovo field is under preparation and will be launched in the course of the year, company managers told their Board of Directors in a meeting early September. That will bring annual production from the giant field to 115 billion cubic meters, the company says.
In addition, Gazprom has decided to start the development of the nearby Kharasavey field in 2019. That will ultimately increase production in the region by another annual 32 billion cubic meters.

By 2023, the national energy company intends to produce more than 150 billion cubic meters of natural gas in the remote Arctic peninsula.

That is far more than the total Norwegian natural gas production, which in 2017 amounted to 122 billion standard cubic meters.

And more is to come. Gazprom has a string of more field licenses in the region and the accumulated resource potential by far exceeds 10 trillion cubic meters. The Bovanenkovo alone holds 4,9 trillion cubic meter and the Kharasavey - 2 trillion cubic. In addition comes the so-called Tambey fields, which hold an estimated 7,7 trillion cubic meters, and several major nearby offshore fields like the Leningradskoye, Rusanovskoye, Nyarmeyskoye and Kamennomysskoye-More.

Gazprom believes that it ultimately will be able to export as much as 360 billion cubic meters from Yamal.

The resources are all aimed European consumers. Over the next few months, Gazprom will complete the construction of the 970 km long Ukhta-Torzhok-2 pipeline, which will increase out-transportation capacity of Arctic gas by 45 billion cubic meters.

That new line will ultimately be connected also with the disputed North Stream pipelines that run through the Baltic Sea....MORE
On the map below the new pipeline is shown by the dotted green line that extends almost due west to the city/port of Ust-Luba ( Усть-Луга) which is the planned eastern terminus of Nord Stream 2.
The original Nord Stream begins just to the north at Vyborg (Выборг) across the Gulf of Finland and near the Finnish border.

https://thebarentsobserver.com/sites/default/files/yamal.pipelines-gazprom.jpg

New pipeline infrastructure stretches between Europe and the Yamal Peninsula. Map by Gazprom