Daily Newsletter

07 October 2024

Daily Newsletter

07 October 2024

Gazprom assessing whether to monetise gas from Tambeiskoye field

Russian President Vladimir Putin has instructed Gazprom to increase domestic gas processing as the nation fights a raft of international sanctions.

Claire Jenns October 07 2024

Russian state-owned oil and gas giant Gazprom is planning to assess the option of monetising gas from the Tambeiskoye field through processing.  

According to reports, the company is undertaking pre-investment exploration and plans to carry out a feasibility study for the possible production of methanol, ammonia and urea from the remote western Siberia region.

The gas condensate field is located in the northern part of the Yamal Peninsula within three licensed areas: Zapadno-Tambeisky, Severo-Tambeisky and Tasiysky.  

The cluster has reserves of more than 5.2 trillion cubic metres (tcm) of gas and 380 million tonnes of oil and gas condensate. It is expected to produce 55 billion cubic metres of gas per year. 

There are additional plans to build a pipeline to connect Tambeiskoye to the Bovanenkovo-Ukhta system of trunk gas pipelines to transport gas from the field. 

At the 7th Russian Energy Week International forum in late September, Russian leader Vladimir Putin instructed Gazprom to prepare a ten-year plan that will ensure the sustainable development and construction of infrastructure to reroute exports.  

The plan must also include an increase in gas processing within Russia. 

In the plenary session of the forum, Putin commented on “serious changes” in Russia’s gas industry, as cited in a Kremlin press release.  

“It is not only reorienting exports from the west to the east but also significantly increasing supply to the domestic market, including under the social gas supply programme launched in 2021,” he said.

He added that it is “essential that the exploration of Russia’s unique reserves makes it possible to develop domestic processing enterprises, creating maximum added value right here, in Russia”.

In the first half of 2024, Gazprom saw a month-on-month increase of average daily natural gas supplies to Europe.  

Russia has been working to strengthen ties with countries such as Azerbaijan to ensure access to global markets due to sanctions following its war on Ukraine, as well as supplying more oil to markets in India and China.

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