ID :
209631
Tue, 09/27/2011 - 08:54
Auther :

Governor calls for earliest possible commissioning of Sakhalin-3 project

YUZHNO-SAKHALINSK, September 27 (Itar-Tass) - Economy of the entire
Far East will stand to gain from an earliest possible commissioning of the
Sakhalin-3 offshore oil and gas project for full-scale commercial
operations, Alexander Khoroshavin, the governor of Russia's Far-Eastern
Sakhalin region said Tuesday.
He said it at the international conference titled 'The Sakhalin Oil &
Gas', an annual event that has been held in Yuzhno-Sakhalinsk over the
past six years.
Prior to that, nine conferences in the series were held in London.
"It's extremely important to see how strongly the image of the
Sakhalin region as a new international-scale center of oil and gas
production has grown in the minds of the world community," Gov
Khoroshavin said, adding that this image is based on two projects -
Sakhalin-1 and Sakhalin-2.
Production of crude oil on Sakhalin's shelf started in 1999 as part of
Sakhalin-1 and in 2006 as part of Sakhalin-2.
The Sakhalin-3 project embraces four blocks of shelf deposits - the
Kirinsky, Veninsky, Ayashsky, and Eastern Odoptinsky. Forecasts put the
size of hydrocarbon resources concealed there at around 700 million tons
of crude and 1.3 trillion cubic meters of natural gas.
These reserves are much bigger than the composite resource of both
Sakhalin-1 and Sakhalin-2.
At present, oil and gas deposits on the Sakhalin shelf are being
developed by the Sakhalin Energy international company, which is the
operator of the Sakhalin-2 project, and the U.S. company Exxon Neftegaz
Ltd., the operator of the Sakhalin-1 project.
The combined output of crude on the shelf is expected to stand at no
less than 15 million tons in 2011.
Four maritime platforms have been installed in the Sea of Okhotsk to
extract oil and gas from the deposits underlying the sea floor. The
hydrocarbons are also produced with the aid of inclination wells drilled
from ashore.
The projects continue developing. A foundation of a new giant platform
is being built in the Russian Far-Eastern port city of Nakhodka for Exxon
Neftegaz Ltd., and its upper deck has been commissioned to a South Korean
company.
This platform is due to come into operation on the Sakhalin shelf in
2014.

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