Feb 22 (LNGJ) - Novatek, the Russian developer of the Yamal LNG project, said independent petroleum engineers, DeGolyer and MacNaughton, completed their comprehensive reserve appraisal of the company's hydrocarbon reserves. Total proved reserves of natural gas increased by 493 billion cubic metres to 1,758 Bcm, inclusive of 2012 production. At year-end, the company's reserve to production ratio rose from 25 years in 2011 to 31 years.
Reserves boost for Yamal LNG
Written by John McKay
Friday, 22 February 2013
Free Read
Last modified on Friday, 22 February 2013 12:52
font size
Published in
News in brief
Latest from John McKay
- Italian gas grid and LNG terminals operator SNAM makes progress in acquiring more natural gas storage
- US equipment and services firm Baker Hughes buoyed by orders for Algerian gas field and Australian LNG
- Italy’s Enel utility reports drop in revenues from natural gas to power businesses in Europe and South America
- TechnipFMC increases earnings as orders grow for oil and gas and LNG projects to. boost the backlog
- Golden Pass advances
Related Video
Free Read
