Gazprom to increase gas condensate extraction by 10%

Within 3 years Gazprom plans to increase gas condensate extraction by more than 10%.

According to A. Miller, gas condensate contains less heavy additions than oil – this fact leads gas condensate to the premium level.

A. Miller said that Gazprom and its affiliates on the results of 2014 increased oil extraction to 53.5 mln tons, gas condensate production rose to 16.8 mln tons. The company plans to develop hydrocarbons extraction. Gazprom has become a participant of the project on the development of the North-Urengoi deposit with the estimated gas condensate reserves of 0.6 mln tons.

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