Project Profile
Value: US$100 million
Location: Yamal-Nenets autonomous region
Reserves: 17.1 bcm of gas and 2.5 million tonnes of liquids
Start-up Year: -
Novatek has clinched an exploration and production licence at home in a deal worth over US$100 million. The company won the auction for the East-Tazovskoye field in the Yamal-Nenets autonomous region. The payment for the licence was set at 3.19 billion Russian rubles (US$103.61 million). The field is close to the North-Russkoye field which is also operated by Novatek Tarkosaleneftegas.
Operator:
Novatek: Operator with 100% interest