28 Dec 2009 11:50

Kirinsky field's proven gas reserves could be increased 25%

VLADIVOSTOK. Dec 28 (Interfax) - Gazprom estimates that reserves at the Sakhalin-3 Kirinsky field could "be increased by a quarter, to 100 billion from 75 billion cubic meters of gas" and that the field itself could be brought on stream in 2014, the company's deputy CEO, Alexander Ananenkov, told reporters.

Ananenkov said he was referring to C1+C2 reserves.

Gazprom has already submitted the new reserves estimate to the State Reserves Commission, he said.

Kirinsky will be "the first site" to be developed by a submarine complex, he said, adding that similar plans existed for Yamal offshore projects, where ice would be a problem.

Gazprom plans to start exploration drilling at the Kirinsky block in 2010. The block contains a probable 960 bcm of gas, he said.

The Kirinsky field was discovered in 1992. The government in June 2009 licensed Gazprom to three Sakhakin-3 blocks - Kirinsky, Eastern Odoptu and Ayashsky.