On Mar 20 Chernomorneftegaz and Crimgeologia signed a contract to jointly explore and develop Crimea’s biggest gas condensate field, Povorotnoye.
According to Crimea’s Deputy Fuel and Energy Minister Vadim Belik, the field is expected to give 1mn c m of gas a day.
“This is what everybody expects from us,” Belik said.
According to the contract, Chenomorneftegaz will be the operator and will provide all material and technical resources ad own and borrowed funds. As the owner of the license to develop the field, Crimgeologia will provide the results of preliminary surveys.
The gas from the field is supposed to be supplied to a new 100MW power plant. According to Crimea’s Fuel and Energy Ministry, at peak hours the republic consumes almost 1,000 MW.
Chernomorneftegaz reports that Povorotnoye is one of the most promising gas fields in Crimea. It is situated in Leninsky district, 36 km east of the village of Lenino. Six prospecting and one probe wells were drilled there in 1985-1991, with no further work carried out – for, according to Chenomorneftegaz’s CEO Sergey Beyma, that project was no part of the local authorities’ plans.