Huge deposits discovered at Yuzhno-Kirnisky

Further exploration of Gazprom’s Yuzhno-Kirnisky site on the island of Sakhalin in Russia’s Far East has detected a further 464m tons of oil deposits with initial estimates of gas deposits put at 563bn³, taking the total volume of gas on the site to 682bn³. In a separate development, Gazprom and Shell have signed a roadmap agreement for the development of a third production line at the Sakhalin-2 LNG project. ZR Press