Gazprom to start production drilling at Kovyktinskoye field in 2019

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Levchenko, Governor of the Irkutsk Region, took place in St. Petersburg today.

The parties discussed ongoing and future cooperation, noting the strategic importance of the Irkutsk Region for Gazprom. There, the Company is shaping the Irkutsk gas production center on the basis of the Kovyktinskoye field.

Gazprom continues to prepare the field to move from development to full-scale production. In 2018, the Company constructed four exploratory wells and performed 3D seismic surveys covering 2,460 square kilometers. Geological exploration is in full swing. In 2019, Gazprom intends to prepare sites for production wells and to commence drilling. It is planned to start feeding gas from Kovyktinskoye into the Power of Siberia gas pipeline in late 2022.

The parties also addressed issues related to gas infrastructure expansion and NGV market development in the Irkutsk Region.

Background

Gazprom and the Government of the Irkutsk Region are bound by the agreements on cooperation and wider use of natural gas as a vehicle fuel, as well as the gasification accord. The parties are also implementing the roadmap for the broader use of hi-tech products, including import-substituting ones, manufactured by regional producers in the interests of Gazprom.

Natural gas penetration in the Irkutsk Region is currently at 8.1 per cent.

A CNG filling station of Gazprom is active in Bratsk.

As part of the Gazprom for Children program, various multi-purpose sports grounds have been constructed in the region. Moreover, a modern water sports complex was built by the Company in Irkutsk.