In 2018 oil and gas production on the Yamal Peninsula to decrease by more than 2% compared to 2014.

In 2018 natural gas production in the Yamalo-Nenets Autonomous District is forecast lower than in 2014 by 2.1%. The volume of recoverable oil will decrease by 2.7% in 2018.

"In this situation, the forecast of natural gas production in 2018 is lower than in 2014 by 2.1%. In 2018 the volume of recoverable oil will decrease by 2.7% relative to 2014. At the same time, taking into account the plans of mining companies the volume of gas condensate will increase by 2.5 times in the forecast period", - the press service of the region reported.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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