Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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
0
03/30/2012 | 05:14pm CEST

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.

Background

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
0
Latest news on GAZPROM PAO
06/26 Thirteen EU nations back plan for talks with Russia over gas pipeline
06/26 EU must get more Russian guarantees over gas pipeline plan - Ukraine
06/22 GAZPROM NEFT' : Neft Begins Exploratory Drilling at the Ayashsky Block
06/19 GAZPROM NEFT' : NIOC Includes 4 More Russian Oil Companies, Azeri Socar Prequali..
06/19 GAZPROM NEFT' : NIOC Includes 4 More Russian Oil Companies, Azeri Socar Prequali..
06/18 Iran Names Russian Firms to Major Project
06/18 GAZPROM NEFT' : More companies prequalified for Iran oil projects
06/17 Iran names Russian firms to major project
06/17 GAZPROM : Armenian president holds meeting with Gazprom executive
06/15 Swedish pension fund sells out of six firms it says breach Paris climate deal
More news
Sector news : Integrated Oil & Gas
06/27 NK ROSNEFT' : Russia's Rosneft targets bigger gas output, lower costs
06/27 China pumps cash into African floating LNG projects in strategic push
06/27DJSantos Inks Strategic Relationship with ENN, Hony
06/26DJTOTAL : Reports Steam Issue, Flaring at Port Arthur, Texas, Refinery
06/26DJEUROPE MARKETS : European Stocks Finish Higher, Helped By Italian Banks, Nestlé
More sector news : Integrated Oil & Gas
Advertisement
Financials ($)
Sales 2017 106 813 M
EBIT 2017 13 448 M
Net income 2017 12 839 M
Debt 2017 39 854 M
Yield 2017 6,43%
P/E ratio 2017 3,64
P/E ratio 2018 2,93
EV / Sales 2017 0,82x
EV / Sales 2018 0,80x
Capitalization 47 790 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 2,41 $
Spread / Average Target 19%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
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$)
GAZPROM PAO47 440
ROYAL DUTCH SHELL-9.51%217 102
PETROCHINA COMPANY LIM..-2.64%196 496
TOTAL-9.47%122 992
NK ROSNEFT' PAO--.--%57 420
ENI-12.22%55 191
More Results