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Production • Processing • Handling


Fig. 1. The Chayandinskoye field is the cornerstone of the Yakutia gas production centre.


Massive reserves drive pipeline investments


Multi-billion dollar investments in pipelines are being announced as major reserves begin to come online.


Se están anunciando inversiones multimillonarias en oleoductos y gasoductos, al mismo tiempo que se dan a conocer importantes nuevas reservas.


Milliardenschwere Investitionen in Pipelines werden angekündigt, während bedeutende Vorkommen erschlossen werden.


G


azprom has signed the final investment agreement with its European partners Eni, EDF and BASF for the new South Stream pipeline.


Estimated to cost up to US$20 billion (€15.2 billion), the pipeline will run under the Black Sea from the Russkaya compressor station to the Bulgarian coast. Te total length of the Black Sea section will exceed 900km with a maximum depth of more than 2km. Its design capacity is 63 billion m3


/y, with start-up


planned for 2015. “South Stream’s contribution into


providing Europe with energy security is very significant. It allows us to create alternative and secure natural gas supply


routes to our consumers,” Gazprom’s chief executive Alexei Miller said. Te pipeline will go from Russia to


reach Bulgaria, Serbia, Hungary, Slovenia, Austria and Italy in one leg, and Croatia and Greece in a second. Gazprom has also announced that the second stage of Yakutia - Khabarovsk - Vladivostok gas pipeline- part of the Eastern Gas programme - will be constructed by the end of 2017. Te project involves constructing new gas production centres in Yakutia and Irkutsk. Te Chayandinskoye field is the cornerstone of the Yakutia gas production centre (Fig. 1). Gas reserves of the Chayandinskoye oil, gas and condensate field make up 1.2 trillion m3


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