PAO NOVATEK (NOVATEK) announced that the Companyâs wholly owned subsidiary NOVATEK-Tarkosaleneftegas commenced commercial production at the South-Khadyryakhinskoye gas field, with estimated gas capacity at about one billion cubic meters per annum.
âThe South-Khadyryakhinskoye field is located in close proximity to the Companyâs existing infrastructure, which allowed us to quickly commence initial gas production and optimize the fieldâs capital costs,â? noted NOVATEKâs Chairman of the Management Board Leonid Mikhelson. âThe new gas production capacity will contribute immediately to incremental growth in our domestic natural gas production connected to the United Gas Supply Systemâ?.