Tuesday, January 24, 2006
Proved reserves of Shtokman gas condensate field up by more than 10% after new survey
24.01.2006 IntelliNews Today - According to a source in gas major Gazprom, the Ministry of Natural Resources approved the upward change in estimated reserves of gas and gas condensate field Shtokman in Barents' Sea (650 km north from Murmansk city). The change was done based on the results of 3D seismic survey. Earlier, as of Jan 1, 1995 , the field officially had proved reserves of 3.2tn m 3 and 31mn tons of gas. The gas reserves of the deposit are to be used for LNG production and its exports to the world markets, mainly to the USA .
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