Yurkharovskoye gas field
The Yurkharovskoye gas field is a natural gas field located in the Yamalo-Nenets Autonomous Okrug. It was discovered in 1970 and developed by Novatek. It began production in 2003 and produces natural gas and condensates. The total proven reserves of the Yurkharovskoye gas field are around 15.431 trillion cubic feet, and production is slated to be around 3.3 billion cubic feet/day in 2010.
As of 2013 Novatek and its partners Total and the China National Petroleum Corporation are building a liquefied natural gas plant with 3 LNG trains, Yamal LNG, which expected to produce its first LNG in early 2017. Continued shrinkage of Arctic sea ice is anticipated to enable use of the Northern Sea Route to ship LNG to China. Export of gas is contingent on modification of the gas export monopoly held by Gazprom.
