The Company is currently restricted in delivery of gas to market from its Poltava field facilities to approximately 36 million cubic feet of gas per day. It has been seeking over the last two years to secure additional gas export capacity from its licenses and has engineered alternative field export routes including tying-in to the 56-inch diameter Soyuz pipeline.
The Soyuz pipeline is one of the main gas trunkline systems delivering gas from Russia to Western Europe. The line traverses the Company's licenses approximately 2.5 km from its field facilities. Tie-in to this major trunkline will effectively remove any ceiling on gas delivery from the Company's Poltava licenses.
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