NOVATEK LAUNCHES GAS CONDENSATE DE-ETHANIZATION UNIT

15 July 2004

15 July, 2004. Novatek has launched a condensate de-ethanization unit at its East-Tarkosalinskoye field. Construction was completed in 9 months.
The main equipment supplier for the unit was DKG-East (Hungary), which won the tender to manufacture the equipment for the unit. The unit will improve the quality of gas condensate preparation before transportation for additional processing at the Surgut Gas Condensate Stabilization Plant. Starting in 2005, the de-ethanized gas condensate will be sent to Novatek’s Purovsky Condensate Stabilization and Liquid Extraction Plant, currently under construction.

The launching of the condensate de-ethanization unit will decrease losses during preparation of condensate for transportation and reduce hazardous emissions. The unit will de-ethanize the gas condensate produced at the East-Tarkosalinskoye and Khancheyskoye fields. There is a low temperature separation unit at the East-Tarkosalinskoye field which has been in operation since 2002. In November 2003, a similar unit was launched at the adjacent Khancheyskoye field.


PAO NOVATEK is one of the largest independent natural gas producers in Russia, and in 2017, entered the global gas market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.

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