Scientific research Institute of Natural Gases and Gas Technologies VNIIGAZ Ltd. - founded by Russian gas monopoly OAO Gazprom (GAZP.RS) - estimates gas reserves at Yamal peninsula and Arctic shelf at 51 trillion cubic meters, the news agency ITAR-tass reported Thursday.
Scientific research Institute of Natural Gases and Gas Technologies VNIIGAZ Ltd. - founded by Russian gas monopoly OAO Gazprom (GAZP.RS) - estimates gas reserves at Yamal peninsula and Arctic shelf at 51 trillion cubic meters, the news agency ITAR-tass reported Thursday.
It cited head of VNIIGAZ Roman Samsonov as saying maximum annual production in the region will reach 250 bcm.
Samsonov said exploration of Yamal and the adjoining Arctic shelf is a strategic direction of development for Gazprom.
Yamal Peninsula is located in Russia's Yamal-Nenets autonomous district in northwest Siberia and is the country's largest natural gas reservoir.
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