Gazprom keeps up pipeline pressure in Komi

Russian gas major will not cancel any contract with partners in the Komi Republic, but only postpone project deadlines.

The main part of the pipeline which is to stretch from the Yamal peninsula runs across the territory of the Komi Republic. In a meeting between Gazprom and Komi regional authorities today, the company representatives said that work with the 1100 km long pipeline will proceed, however not in line to previous time schedules.

Company representative Sergei Prozorov confirmed that the Bovanenkovo field, the huge 4,9 trillion cubic meter field in Yamal will be ready for production in the third quarter of 2012, Komiinform.ru reports.

The pipeline construction on Komi territory will restart in November, he added. None of the company’s commitments for the republic will suffer, the company representative stressed.

-All key figures remain, only the time schedule is changed, he said.

As BarentsObserver reported in mid-June, Gazprom has decided to postpone the launch of the Bovanenkovo field with one year, from 2011 to 2012.

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