E&P Program and Financial Strategy
Our Strategy In Motion
NOVATEK
Removed production constraints
Launched 2nd phase at the Yurkharovskoye field (September 2008);
◆ Constructed natural gas low temperature separation and gas condensate
preparation units
• Increased field productive capacity by 7.2 bcm and NOVATEK's total capacity to
37 bcm per annum (over 100 mmcm per day)
◆ Built and connected a 52 km natural gas pipeline, 1,420 mm diameter, and
a 35 km, 1,420 mm diameter, looping by-pass system to increase transportation
capacity at the field to 34 bcm per annum
• Commissioned 10 new wells
Constructed methanol plant at Yurkharovskoye field reducing purchase
and delivery expenses while eliminating potential environmental risks
Increased processing and storage capacity
Launched 2nd phase at Purovsky Plant in November 2008, current total plant
capacity of 5 mmt per annum and increased plant storage capacity for
stable gas condensate by 60,000 m³ to 90,000 m³
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