Gazprom Reports New Sakhalin Discovery

MOSCOW (Dow Jones)

Russian gas producer OAO Gazprom (GAZP.RS) said Friday it has discovered a new gas field off the Sakhalin island in the country's Far East.

Gazprom plans exploration work over the next three years at the field, which is part of the Kirinsky block at the Sakhalin-3 project.

Reserves at the Sakhalin-3 project are estimated at 1.4 trillion cubic meters, of which 1 trillion are in the Kirinsky block.

Gazprom plans to start production from Kirinsky in 2014.

Copyright (c) 2010 Dow Jones & Company, Inc.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Geologist / Environmental Engineer
Expertise: Environmental Engineer|Geologist
Location: Atlanta, GA
Sr. Geologist - Delaware Basin Subsurface Reservoir Characterization
Expertise: Geologist
Location: Midland, TX
Project Controller
Expertise: Accounting|Asset Management
Location: Bakersfield, CA
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours