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Overview of Russian Gas and Oil Sector K.S.Basniev Russia, Moscow M2M Oil and Gas Subcommittee OVERVIEWOVERVIEW OFOF RUSSIANRUSSIAN GASGAS ANDAND OILOIL SECTORSECTOR 20 May,2008 [email protected] 20 May,2008 [email protected] Rome tel +7 499 135 79 56 GasGas andand OilOil reservesreserves Total 29,854.1 1,217.0 1,386.9 4,114.5 28.5 93.2 47.4 21.3 8.8 Offshore 13.5 0.1 Northwest FD 2.7 21,937.2 Far East FD 810.6 58.7 689.7 295.0 1,146.0 2,594.8 134.3 26.3 Gas, bcm 392.4 Volga FD Ural FD 38.5 Condensate, mln t 4.5 Siberian FD Oil, mln t Southern FD GasGas productionproduction by 2030 – no less than 610-630 bcm 630 by 2020 – no less than 580-590 bcm by 2010 – no less than 560 bcm 590 560 556 557 552.5 555 547.6 521.9 2002 2003 2004 2005 2006 2007 2010 2020 2030 NewNew gasgas productionproduction provincesprovinces inin RussiaRussia’’ss offshoreoffshore Sakhalin Northeast Barents Sea offshore Ludlovskoye Yamal offshore Fersman Rise a y l Rusanovskoye Bely Island Ledovoye m Shtokman e Z Leningradskoye a y a v Gydan Peninsula o Kharasaveyskoye N Kruzenshternskoye Antipayutinskaya Sev. Kildinskoye Pechora Sea offshore Sev. Kamennomysskoye Rybachiy Peninsula V Prirazlomnoyeai Caspian ga Kildin island ch Is Dolginskoye la Obskoye Sea Murmanskoye nd Amderma Kamennomysskoye Sea Murmansk d Teriberka n la Is Medyn Sea v e K u Varandey Sea lg o o la K P e Kanin Peninsula Ob and Taz Bays n Yar-Sale in s u la Narian-Mar Salekhard Oil and gas fields Arkhangelsk Promising structures YamalYamal -- aa newnew developmentdevelopment stagestage forfor gasgas productionproduction andand transportationtransportation Rusanovskoye Leningradskoye The Bovanenkovskoye field – Malyginskoye commissioning in 2011 of the first start-up Kharasaveyskoye complexes with a capacity of no less than 15 bcm Tambeyskaya group per year and a gas trunkline between Bovanenkovo Bovanenkovskoye and Ukhta Kruzenshternskoye The aggregate reserves in the Bovanenkovskoye, Kharasaveyskoye and Novoportovskoye fields – Rostovtsevskoye 5.8 tcm of gas, 100.2 mln t of condensate, and 227 mln t of oil Novoportovskoye Yamal’s explored gas reserves – 10.4 tcm EasternEastern RussiaRussia Udachny Yakutsk Sakhalin Russia Mirny centre Yakutsk centre Krasnoyarsk centre Komsomolsk- on-Amur Tyumen Tomsk Tynda Yuzhno- Sakhalinsk Boguchany Sovgavan Bogandinskaya CS Irkutsk Skovorodino to the USA Krasnoyarsk centre Khabarovsk Chelyabinsk Proskokovo Omsk Taishet Blagoveshchensk Novosibirsk Kansk Chita Kemerovo Abakan Zabaikalsk Barnaul Angarsk Irkutsk Novokuznetsk Ulan-Ude Gorno-Altaisk Nakhodka Vladivostok Kazakhstan Ulan -Bator Tokyo DPRK Mongolia Pyongyang Japan Korea Seoul Beijing China 27% of Russia’s initial in-place resources – Shanghai more than 67 tcm OilOil businessbusiness developmentdevelopment Annual oil output by 2020 - 80 mln t 34 oil, mln t Oil and condensate reserves – 2.6 bln t condensate, mln t Bringing onstream explored oil fields on a by-stage basis 11.5 11.4 9.5 Expanding the resource base Developing the petrochemical sector, GTL technology 2005 2006 GazpromGazprom’’ss gasgas transmissiontransmission systemsystem Current status The length of gas trunklines – 156.9 thousand km including spur lines – 44.5 thousand km Compressor stations – 217 Gas pumping units – 3,629 with a total installed capacity of 41,000 MW In 2006 717.8 bcm of gas was fed into Gazprom’s gas transmission system, including 115 bcm injected by independent producers NewNew gasgas pipelinepipeline routesroutes SWEDEN NORWAY FINLAND RUSSIAN FEDERATION IRELAND ESTONIA DENMARK GREAT BRITAIN LATVIA LITHUANIA MOSCOW KAZAKHSTAN BELARUS CZECH POLAND GERMANY REPUBLIC UKRAINE SWITZERLAND FRANCE SLOVAKIA PORTUGAL AUSTRIA ВЕНГРИЯ MOLDOVA SPAIN ROMANIA CROATIA UZBEKISTAN BOSNIA ITALY YUGOSLAVIA BULGARIA GEORGIA TURKMENISTAN MOROCCO АЛЖИР ТУНИС Nord Stream Possible gas transmission route ТУРЦИЯ from the Shtokman field Gryazovets – Vyborg Sokhranovka CS–Oktyabrskaya CS gas pipeline South Stream Kasimovskoye UGS site – Izobilnoye CS gas pipeline NTO – Torzhok Urengoy transit centre expansion ShapingShaping aa gasgas pipelinepipeline systemsystem inin easterneastern RussiaRussia Udachny Yakutsk Sakhalin RUSSIA Mirny centre Yakutsk centre Krasnoyarsk centre Komsomolsk- on-Amur Tyumen Tomsk Tynda Yuzhno-- Sakhalinsk Boguchany Sovgavan Bogandinskaya CS Irkutsk Skovorodino to the USA Krasnoyarsk centre Khabarovsk Chelyabinsk Proskokovo Omsk Taishet Blagoveshchensk Novosibirsk Kansk Chita Kemerovo Abakan Zabaikalsk Barnaul Angarsk Irkutsk Novokuznetsk Ulan-Ude Gorno-Altaisk Nakhodka Vladivostok KAZAKHSTAN Ulan -Bator Tokyo DPRK MONGOLIA Pyongyang JAPAN KOREA Seoul Beijing CHINA Gas production centres Pipeline gas Shanghai LNG OperationsOperations onon thethe inin--countrycountry marketmarket 356.0 +14.8% 316.3 +3.0% 310.0 307.0 2005 2006 2005 2006 Gas sales volume, bcm Receipts from gas sales, RUR bln GasGas exportexport toto thethe CISCIS andand BalticBaltic countriescountries Switching to market relations with the CIS and Baltic countries Expanding presence on the CIS and Baltic markets – acquiring stakes in gas transmission and marketing companies – establishing joint ventures Gas sales volume – 101.0 bcm (up 31.9%), Receipts from sales – RUR 209.7 bln (up 93.5%) RussianRussian gasgas inin europeaneuropean marketmarket 161.5 +3.5% 845.9 +36.6% 619.1 156.1 2005 2006 2005 2006 Gas sales volume, bcm Receipts from sales, RUR bln LongLong--termterm contractscontracts andand strategicstrategic agreementsagreements ofof RussiaRussia Contracts extended with E.ON Ruhrgas – four contracts extended through 2035 for a total supply volume of up to 20 bcm per year OMV – extensions agreed on till 2027 and new contracts signed for the supply of 6.9 bcm/yr to Austria Eni – extensions till 2035 for the supply of gas to Italy Gaz de France – extensions till 2031 for the supply of gas to France RWE Transgas (Czech Republic) – till 2036. Deliveries will grow to 9 bcm starting 2010 Agreements signed on the Main Terms & Conditions of >20 bcm/yr Gas Deliveries through the Nord Stream Gas Pipeline with E.ON Ruhrgas, DONG Energy, Gazprom Marketing & Trading and Gas de France with BASF and E.ON to swap assets on the Strategic Partnership with Eni UndergroundUnderground gasgas storagesstorages inin EuropeEurope Agreements concluded to potentially create a Poederlee (Belgium) underground storage site, Gazprom’s share – 75% to increase Gazprom’s share to 75% in the Humbly Grove UGS facility Great Britain Gazprom has obtained the right to tap Jemgum Humbly Grove Hinrichshagen into the Hinrichshagen structure Rehden Poederlee (Germany) for UGS site construction Belgium Bernburg purposes Gazprom takes UGS capacities on Germany Shonkirchen lease (between 2006 and 2007- 400 mln Haidach m³ of working gas volume in Germany Austria and Austria) SakhalinSakhalin--22 Nyrovo Sakhalin-2 (Piltun-Astokhskoye) Nikolayevsk-on-Amur Okha Val Lazarev Pogibi Katangli De-Kasti Sakhalin-2 (Lunskoye) d n Smirnykh la s I n The project contemplates developing li a h k a the Piltun-Astokhskoye oil (reserves – S Gastello around 600 mln t) and Lunskoye gas (reserves – 700 bcm) fields Dolinsk Yuzhno-Sakhalinsk Prigorodnoye Kril’on Wakkanai Gas pipeline LNG plant Oil pipeline Hydrocarbon fields The project is aimed at LNG supply to Asia-Pacific GazpromGazprom’’ss explorationexploration andand productionproduction abroadabroad Vietnam Mong Cai CHINA Hanoi Venezuela Halong Hai Nan CARRIBEAN SEA Aruba Island (Netherlands) Curacao Island (Holland) GUAJIRA CARDON-III PENINSULA Uzbekistan PARAGUANA Block 112 COLUMBIA PENINSULA URUMACO-I Punto Fijo Dong HA URUMACO-III Bay of La Vela URUMACO-III Gulf of Coro MORUY - III GULF OF VENEZUELA Coro Aral Sea Chimkent India Charvak VIETNAM El Tablazo Tashkent Almalyk VENEZUELA BANGLADESH Maracaibo UZBEKISTAN JHARKHAND Kungrad Nukus WESTERN BENGALIA Nurata Ranchi Urgench Navoi Buchar Samarkand a Mubarek Karshi Calcutta Chardzhou Haldia Termez ORISSA Kelif Block-26 Bhubaneshvar (NEC-OSN-97/1) Paradip BAY OF BENGAL Vishakhapatnam ElectricElectric powerpower tradingtrading andand СОСО2 emissionemission quotasquotas salessales byby RussiaRussia May 2006 Gazprom Marketing & Trading joined the Code of Rules governing purchases, sales and transportation of electric power in the Great Britain October 2006 First electric power trading deal November 2006 Gazprom Marketing & Trading sealed its first deal to trade in СО2 emission quotas in Europe NewNew productsproducts andand technologiestechnologies Synthetic liquid fuel (SLF) production Intensive development of low pressure gas reserves, associated gas, gas fields located at long distances from gas transportation infrastructure Coalbed methane extraction Expansion of the hydrocarbon resource base and target markets Gasification of the Kemerovo Oblast and southern Siberia GasGas salessales byby GazpromGazprom toto EuropeEurope inin 2006,2006, bcm German 34,4 Italy 22,1 Turkey 19,9 France 10 Hungary 8,8 Great Britain 8,7 Poland 7,7 Czech Republic 7,4 Slovakia 7 6,6 Austria Romania 5,5 Finland 4,9 Netherlands 4,7 Belgum 3,2 Bulgaria 2,7 Greece 2,7 Serbia 2,1 Croatia 1,1 Slovenia 0,7 Switzerland 0,4 Bosnia and Herzegovina 0,4 Macedonia 0,1 Others 0,4 GasGas salessales forfor thethe CISCIS andand BalticBaltic StatesStates inin 2006,2006, bcm Ukraine 59 Belarus 20,5 Kazakhstan 6,5 Azerbaijan 4 1,1 Lithuania Moldova 2,5 Gergia 1,9 Armenia 1,4 Latvia 0,4 Estonia 0,7 OPERATINGOPERATING DATADATA 2005 2006 Increment of gas reserves, bcm 583,4 590,9 GAS PRODUCTION , bcm 555,0 556,0 Condensate production, mln t 11,5 11,4 Oil production, mln t 9,5 34,0 Gas sales in Russia, bcm 307,0 316,3 Gas sales on European market, bcm 156,1 161,5 Gas export to the CIS and Baltic countries, bcm 76,6 101,0 Gas processing 33,9 33,5 Products of processing, thousand tons Petroleum 2 242,7 2 158,8 Fuel oil 1 640,8 1 442,9 Liquefied gas 1 881,9 1 837,7 Sulphur 5 361,8 5 396,3 ThankThank you!you!.
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