Novatek launches production at North Chaselskoye field with annual output over 3 bcm of gas

MOSCOW. April 24 (Interfax) - Novatek-Yurkharovneftegas LLC has launched pilot production from gas condensate deposits as part of hot commissioning activities at the North Chaselskoye field, PJSC Novatek said in a press release.

The field's annual production rates exceed 3 billion cubic meters of natural gas and 0.1 million tonnes of gas condensate.

"Maintaining pipeline gas production rates within the reach of the Unified Gas Supply System remains integral to Novatek's strategy. The startup of the North Chaselskoye field will make a significant contribution to our natural gas volumes destined for the domestic market," Novatek CEO Leonid Mikhelson said in the press release.