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Gazprom Neft Raises Peak Output Forecast for Novoport Oilfield

Source: Reuters 6/10/2018, Location: Asia

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Russia’s Gazprom Neft expects its new Novoport oilfield to achieve peak production of 8.6 million tonnes per year, up from its previous forecast of 8 million tonnes, the company’s head, Alexander Dyukov, told an annual general meeting on Saturday.

Dyukov did not say when the field would hit peak production. Last year the field, in the Arctic Yamal peninsula, produced 5.95 million tonnes, up from 2.92 million tonnes in 2016.

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