Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Gazprom PAO    GAZP   RU0007661625

News SummaryMost relevantAll newsSector newsTweets 

Gazprom OAO : Gazprom completes production wells drilling at Nizhne-Kvakchikskoye field in Kamchatka

share with twitter share with LinkedIn share with facebook
share via e-mail
03/30/2012 | 05:14pm CET

Gazprom completed drilling of five gas condensate production wells at the Nizhne-Kvakchikskoye field. Once the construction and connection of new wells is finished, the total number of wells will reach nine - that will create the conditions required to increase gas output to the projected level - from 175 to 575 million cubic meters a year.

This year the Company plans to complete the Kshukskoye and Nizhne-Kvakchikskoye gas and condensate fields pre-development as part of the Project on Gas Supply to Kamchatka Krai. Production and auxiliary facilities are currently being constructed, installed and pre-commissioned at the fields.

According to Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, as soon as in 2013 the Company will be technically equipped to daily supply consumers in Kamchatka with 2 million cubic meters of gas produced from both fields, which is twice as much as the present-day level.


In September 2007 the Russian Government made a decision to involve Gazprom in the Project on Gas Supply to Kamchatka Oblast, Phase 1 - Gas Supply to Petropavlovsk-Kamchatsky.

As part of the project, Gazprom started pre-development of the Kshukskoye and Nizhne-Kvakchikskoye fields on the western coast of the Kamchatka Peninsula. In 2011 the Kshukskoye field output was raised to the projected level - 175 million cubic meters a year and Phase 1 of the Nizhne-Kvakchikskoye field was put into operation with the same output. It is planned to annually produce 750 million cubic meters of gas from these fields in the future.

In order to supply consumers in the Kamchatka Krai with gas, Gazprom promptly completed construction and in 2010 put into operation the Sobolevo - Petropavlovsk-Kamchatsky gas trunkline with the length of 392 kilometers and the annual gas throughput of up to 750 million cubic meters.

You may use the photos provided that the source is acknowledged.

distributed by

This press release was issued by OAO Gazprom and was initially posted at http://www.gazprom.com/press/news/2012/march/article132411/ . It was distributed, unedited and unaltered, by noodls on 2012-03-30 17:12:02 PM. The issuer is solely responsible for the accuracy of the information contained therein.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on GAZPROM PAO
01/13 GAZPROM : Russia acknowledges threat from Trump's energy policy on EU gas market
01/11 GAZPROM NEFT' : Neft discovers new field in Orenburg Oblast
01/10 GAZPROM NEFT' : Neft Expects to Start Pilot Project Works at Severo-Samburgskoye..
01/10 GAZPROM NEFT' : Neft Discovers New Field in Orenburg Oblast
01/07 GAZPROM NEFT' : Badra complex gas treatment plant (cgtp) project
01/04 GAZPROM NEFT' : starts Badra CGTP pre-commissioning work
01/03 GAZPROM NEFT' : Neft Begins Pre-commissioning at Complex Gas Treatment Plant (CG..
01/03 GAZPROM NEFT' : Novatek reduces gas production by 2.2.% in 2016
01/02 GAZPROM NEFT' : Neft Wins “Best Use of Digital Communications” At Ir..
01/02 GAZPROM NEFT' : Neft Senior Management Receive State Honours
More news
Sector news : Integrated Oil & Gas
01:30p ENI : UK export agency signs first loan deal in Africa for Ghana energy project
01/13DJPETROLEO BRASILEIRO PETROBRAS : Petrobras Texas Refinery Reports FCCU Shutdown F..
01/11 France to buy out Areva shareholders in bid for nuclear fix
01/11 TULLOW OIL : founder to step down as CEO, insider to replace him
01/11DJBraskem to Sell QuantiQ for BRL500 Million to GTM Holdings
More sector news : Integrated Oil & Gas
Financials ($)
Sales 2016 95 712 M
EBIT 2016 14 022 M
Net income 2016 15 911 M
Debt 2016 37 034 M
Yield 2016 5,00%
P/E ratio 2016 4,32
P/E ratio 2017 4,77
EV / Sales 2016 1,04x
EV / Sales 2017 0,97x
Capitalization 62 734 M
More Financials
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 12
Average target price 2,40 $
Spread / Average Target -9,5%
Consensus details
EPS Revisions
More Estimates Revisions
Alexei Borisovich Miller Deputy Chairman & Chairman-Management Board
Viktor Alexeevich Zubkov Chairman
Timur Askarovich Kulibayev Independent Director
Vladimir Alexandrovich Mau Director
Andrey Igorevich Akimov Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TOTAL0.26%127 039
NK ROSNEFT' PAO--.--%68 990
GAZPROM PAO (EDR)4.36%62 734
More Results