Gazprom does not exclude new delays at Bovanenkovo

Deputy leader of Gazprom Andrei Kruglov does not exlude that the launch of the huge Bovanenkovo gas field in Yamal is postponed if market demands do not meet expectations.

Talking at a conference this week, the Gazprom official indicated that the Bovanenkovo field could see another postponement, Oilru.com reports. Last year, the Gazprom leadership informed that the launch of the giant field will be postponed to Q3 2012, a year later than originally planned.

Kruglov told the conference participants that project progress will again be adjusted if demands drop.

-At the moment, the time frames are unchanged, we are progressing in line with schedules, Kruglov underlined. –However, if we see that the volumes of gas in the market do not meet expectations, we will take such a decision, he added, RIA Novosti reports.

The Bovanenkovo field is being connected with major infrastructure projects. A pipeline is being laid across the Baidarata Bay and through the Komi Republic, and a railway is to connect the field with existing rail grids in the Yamal-Nenets region.

The railway line is reported to be ready for transport operations by the end of 2010 and the construction of a local Bovanenkovo airport is progressing.

Read more news about the Yamal Peninsula at BarentsObserver’s Yamal section

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