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!