The government intends to expand the geography of fields for LNG export

The Russian government intends to allow the export of liquefied natural gas (LNG) from the subsoil located in the northern territories of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous District. This was announced by Prime Minister Mikhail Mishustin.

“The government proposes to expand the geography of fields from where LNG export is allowed by adding promising subsoil plots located at a considerable distance from the Unified Gas Supply System to the list … We are talking primarily about the northern territories of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous Okrug,” he said. .

Gas reserves in these territories amount to about 3 trillion cubic meters. m, he noted. The decision made will allow increasing annual LNG production to 100 million tons over the next seven years, as well as strengthening Russia’s position in the world market, the prime minister emphasized.

The fact that the Ministry of Energy proposed to grant the right to export LNG to users of subsoil plots located in the Arctic part of the Krasnoyarsk Territory, the Nenets and Yamalo-Nenets Autonomous Okrugs, Vedomosti wrote back in May 2022. In the amendments proposed by the department, we are talking about subsoil plots located north of 67 degrees north latitude, that is, de facto beyond the Arctic Circle. Now only Novatek and Gazprom have major LNG projects in Russia.

Almost all major Russian oil and gas companies operate in the polar regions. In particular, in the north of the YNAO, there are the Nakhodkinskoye (reserves are estimated at 275.3 billion cubic meters of gas) and Pyakyakhinskoye (234.2 billion cubic meters) fields of Lukoil, as well as the Pestsovoye and En-Yakhinskoye fields.Gazprom oil”. Beyond the Arctic Circle are also the fields of the Vostok Oil project of Rosneft (Vankor cluster, Payakhskoye field, etc.) and the group of Messoyakha fields (JV Rosneft and Gazprom Neft with reserves of more than 180 billion cubic meters).

In March 2021, the government approved a long-term program for the development of large-tonnage LNG in Russia. It assumes that by 2035 LNG production in the Russian Federation should reach 140 million tons per year. According to the program, by 2030 its implementation will attract about $150 billion in additional investments, and by 2040, an additional 2.5 trillion cubic meters will be produced and monetized. m of gas.