Russian Oil Firms Turn Associated Gas into Valuable Resource

By Elena Zhuk, April 28, 2014

gas back into the reservoir to boost pressure. According to Rosneft’s Oil and Gas Production Dept. chief specialist Sergei Konstantinov,  in 2015 the company will start gas reinjection as a method of APG utilization at the Verkhnechonskoye field, too, where associated gas will also be used to produce electricity. 

“The examples of Vankorneft and Irkutsk Oil Company demonstrate that solving the issue of APG utilization in East Siberia won’t be possible without a modern business strategy,” WWF-Russia oil and gas environmental policy officer Alexei Knizhnikov told the forum. In February, WWF-Russia signed a protocol of intent with the Zabaikal Territory government, envisaging structural assessment of the APG utilization project, which could then be used for regional needs.