E&P Program and Financial Strategy slide image

E&P Program and Financial Strategy

E&P Program 2009 and 2010 NOVATEK Continue phase development at the Yurkharovskoye field Increase field capacity by up to 14 bcm per annum • Complete gas condensate pipeline from the Yurkharovskoye field to the Purovsky Plant resulting in a significant decrease in operating expenses for 3rd party transportation costs Complete de-ethanization facilities at the Yurkharovskoye field resulting in a significant decrease in operating expense for 3rd party de-ethanzation costs Other field development East-Tarkosalinskoye - Maintain field productive capacity by constructing and commissioning two compressor stations for the Cenomanian layer and one compressor station for the Valanginian layer Khancheyskoye - Maintain field productive capacity by completing and commissioning one compressor station for Valanginian layer ◆ Sterkhovoye - Complete gas condensate separation unit and drill wells 14
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