27/06/2016

Press-release: Millionth tonne of oil produced at Gazprom Neft Novoportovskoye field

Total oil production at the Gazprom Neft Novoportovskoye oil and gas-condensate field(under development by Gazprom Neft subsidiary Gazpromneft-Yamal) has now reached one million tonnes.

The Novoportovskoye field was discovered in 1964 through prospecting well P-50, drilled by a team from the Yamal division of the Yamalneftegeologia group of companies. The field’s distance from transport infrastructure meant development did not commence until 2012, when pilot development by Gazprom Neft saw deliveries commence by road transport.

The Novoportovskoye field has the potential to significantly increase production volumes. To that end, it was essential that a decision be taken on the best means of transporting increasing volumes of crude, and transportation by sea via Cape Kamenny was chosen as the optimum route. The first possibility of despatching oil by sea during the winter season was confirmed by Gazprom Neft as early as 2011, following a pilot voyage by a nuclear icebreaker from the port of Sabetta (in the north—east of the Yamal peninsula) to Cape Kamenny. A new crude, “Novy Port”, was first shipped (on a temporary basis) via the Northern Sea route in summer 2014, for supply to European customers, with the first winter sea shipment taking place on the same basis as early as February 2015.

The Arctic Gates oil loading (transhipment) terminal was commissioned by Gazprom Neft on 25 May 2016, allowing year-round shipments of oil from the Novoportovskoye field to commence. The official instruction to commence the first shipment from the Arctic Gates terminal was given by President of the Russian Federation Vladimir Putin.

NOTES FOR EDITORS

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