Date: 7 months ago   Category: Energy

Belorusneft intends to reach in 2018 record level of production of oil and gas in Russia — Rambler News Service


Belorusneft plans to reach following the results of 2018 record level of production of oil and gas in Russia — 450 thousand tons of oil equivalent, the deputy CEO of Belorusneft Sergey Kamornikov has told journalists. "In the Russian Federation today our large extracting project is the Yangpur company, and following the results of a year we will reach level of production of 450 thousand tons in an oil equivalent, it is total oil and gas production. It is the highest level for all history of existence of the enterprise" — Kamornikov whose words are cited by the BelTA agency has told. According to him, last year Belorusneft in Russia has extracted about 400 thousand tons of oil equivalent. Kamornikov has added that the company considers acquisition of new license areas in the Yamalo-Nenets Autonomous Area which border on sites where Yangpur already works. "For bigger production new fields, new license areas which in the Russian Federation are bought for rather serious money are necessary. It miscalculates always, analyzed whether we will be able, having got the site, in four-six years to pay back it and to work further only for positive result. Therefore we watch first of all the volume and geography of works in that region where the Yangpur enterprise is located" — he has explained.

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