Asia-Pacific

Gas output in Russia to exceed 25b cu m in 2011

(Xinhua)
Updated: 2010-12-24 17:11

VLADIVOSTOK - Gas production in Sakhalin in Russia's Far East will reach 25.3 billion cubic meters in 2011, 800 million more than that of this year, Governor of the territory Alexander Khoroshavin said on Friday.

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Oil production in Sakhalin will amount to 14.9 million tons, a slight drop from that in 2010, he added.

Companies involved in hydrocarbon extraction are Exxon Neftegas Limited, Sakhalin Energy as well as RN-Sakhalinmorneftegaz, Inc., Petros and Sakhalin Oil Company.

The Sakhalin-1 project will produce 7.4 million tons of oil and 9.1 billion cubic meters of gas. The Sakhalin-2 plan will produce 5.7 million tons of oil and 15.4 billion cubic meters of gas.