The Russian Ministry of Energy expects to maintain the current gas production volume in the Yamalo-Nenets Autonomous District, Russian Deputy Minister of Energy Kirill Molodtsov said during an international meeting with representatives of Arctic Council member states attended by more than 100 representatives from 15 countries.
“We expect the absolute value of gas production to increase and exceed 700 billion cubic metres per year. At present, approximately 80% of all Russian gas is produced in the Yamal-Nenets Autonomous District, and this figure will remain at the same level over the next 20 years”, Molodtsov said.
A discussion of the Arctic as a new centre of hydrocarbon production and driver of innovative technologies will take place during REW 2017. One of the discussion topics will be the implementation of the largest liquefied natural gas production project “Yamal LNG” and the construction of the new Arctic seaport of Sabetta.