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Compressor Station Construction Contractor Selected

Source: www.gulfoilandgas.com 1/21/2011, Location: Asia

Following the results of the tender, the award decision for a compressor station in the southern part of the Priobskoye field design and turnkey construction has been taken. The field exploitation is performed by Gazprom Neft's subsidiaries.

The agreement is concluded with CJSC Iskra-Energetika, while JSC NIPIgazpererabotka acts as a contractor.

Within the project framework, it is expected that the compressor station to be constructed is to show productivity up to 500 mln. cubic meters of gas per annum with an outlet pressure up to 7.5 MPa. Besides, the project provides for the development of associated petroleum gas (APG) transportation system to be routed to SIBUR's Yuzhno-Balyksky gas processing plant. The project is scheduled for completion in 2012.

The compressor station construction is envisaged by the program for associated gas utilization at the southern license area of the Priobskoye field, and is aimed at the improvement of APG utilization efficiency. The implementation of the joint Gazprom Neft's and SIBUR's project will allow bringing the associated gas on-site utilization up to 95%.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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