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Exploration Activities
We aim to expand our resource base through geological exploration at fields and license. We use a systematic and comprehensive approach to exploration and development and maximize the ultimate recovery of hydrocarbons in a cost effective manner.
We carry commercial production of hydrocarbons at 23 fields in the YNAO. The geographical location of our fields in one gas-rich hydrocarbon basin offers vast opportunities for increasing shareholder value through low-risk and low-cost production.
Our vertically integrated production chain includes Purovsky Plant (produces stable gas condensate and light hydrocarbons) and Ust-Luga Complex (processes stable gas condensate into light and heavy naphtha, jet fuel, heating oil and gasoil).
We sell our natural gas to end customers in the Russian Federation and LNG on international markets. Stable gas condensate products are sold internationally. Liquefied petroleum gas and crude oil are sold domestically and internationally.