Yuzno.com

payday loans

Russia’s Sakhalin to extract over 14 mln tonnes of oil in 2007

OilPlatform_5.jpg

Russia's Sakhalin region will extract 14.5 million tonnes of oil and four billion cubic metres of natural gas in 2007.

Oil extraction in the offshore fields in the Sea of Okhotsk and on the island will exceed last year's volume by nine million tonnes, according to the regional committee on natural resources and environmental protection.

Committee spokesman Vladimir Ko said the Sakhalin-1 project would produce 10.3 million tonnes of oil, and Sakhalin-1 will give more than two million tonnes, and about 2.2 million tonnes will be lifted on the island.

The forecast is based on the assumption that Sakhalin-1 will start operating at full capacity. Its operator, American Exxon Neftegaz Limited, completed preparations for upstream operations at the Chaivo field off the north-eastern coast of the island. The sea platform Orlan and the costal rig Yastreb (Hawk) lift oil on the field. They are expected to start operating at the projected capacity - 33,000 tonnes of oil a day - shortly.

Under the Sakhalin-2 project (operator is Sakhalin Energy), only one sea platform Molikpaq operates when the sea is clear of ice and halts operation for the winter. The platform should start operating 365 days a year by the end of this season, thus increasing oil production to more than two million tonnes.

The best result so far shown by Milokpaq, which became operational in Sakhalin's offshore area in 1999, is 1.8 million tonnes of oil in a season.

At the same time, two more seat platforms, LUN-A and PA-B, are expected to be launched in 2007. They will start operating in full in 2008, when hydrocarbon extraction in Sakhalin may exceed 20 million tonnes.

© Itar-Tass

≡ Leave a Reply

Copyright © 2019 Yuzno.com | Yuzno.com is supported by WP + USB. Designed by milo.
| News RSS | Comments RSS.