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Gazprom Neft extends licence for developing the Novoportovskoye field to 2150

The Novoportovskoye field is one of the most significant oil and gas condensate fields currently under development in the Yamalo-Nenets Autonomous Okrug. Recoverable C1 and C2 reserves are estimated at more than 250 million tonnes of crude and condensate, as well as more than 320 billion cubic metres of gas (including Paleozoic deposits). The field is located in the south—east of the Yamal Penninsula in Yamalo-Nenets Autonomous Okrug, some 250 kilometres north of Nadym, and 30 kilometres from the coast of the Gulf of Ob.

Located within the Arctic Circle, the field is some distance from pipeline transportation infrastructure: shipments by sea from Cape Kammeny have been identified as the optimum solution for the transportation of crude, in these circumstances. The first opportunity for despatching oil by sea during the winter season was confirmed by Gazprom Neft as early as 2011, following a pilot voyage by an icebreaker from the port of Sabetta (in the north—east of the Yamal peninsula) to Cape Kammeny.

Oil from the field is currently transported to the coast through a 100-kilometre pressure-pipeline, with a capacity of 600,000 tonnes per year. Infrastructure established at the field and on the shores of the Gulf of Ob allowed the first shipment of oil by sea from Novy Port in 2014.

This new Yamal oil (“Novy Port” crude) is classified as “medium-gravity crude”. Its low sulphur content (of around 0.1 percent), moreover, is lower than that of Russian Urals-blend crude.

Commercial production at the field will commence in 2016.

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