OREANDA-NEWS. December 1, 2008. The Gazprom Headquarters hosted today a working meeting dedicated to implementing the megaproject for the Yamal Peninsula field development. The meeting was moderated by Alexander Ananenkov, Deputy Chairman of the Company’s Management Committee.

The meeting addressed the issues of the Bovanenkovo oil and gas condensate field (OGCF) pre-development, the Bovanenkovo – Ukhta gas trunkline system project implementation, as well as the progress in the Obskaya – Bovanenkovo railroad construction.

The meeting participants noted that the entire scope of work related to the megaproject implementation was being done on schedule. The activities planned for 2008 are almost finished. A potent stockpile has been created and preparations made for executing works during the winter construction season of 2008-2009.

During the current year the Bovanenkovo OGCF saw the construction of the top-priority vital infrastructure, as well as fire protection, sanitation & epidemiology, environmental safety industrial bases and transportation infrastructure facilities.

A total of 29 prioritized construction facilities are planned to be commissioned in the Bovanenkovo OGCF in 2008.

During the construction of the Bovanenkovo – Ukhta unique gas trunkline system nearly 40 km of pipelines were laid in 2008 in its most complicated section – the submerged crossing via the Baidarata Bay. Pipes and equipment are being delivered, construction sites are under preparation. The preparation work is underway to construct the Baidaratskaya compressor station. The entire scope of works has been completed to start drilling the first well in cluster #33.

“The complex development of the Yamal fields will demand applying cutting-edge technical solutions. The most advanced financial and organizational approaches will also be used here with due regard of Gazprom’s wide experience of polar fields development. The Yamal megaproject must be both timely implemented and maximally cost-effective,” underscored Alexander Ananenkov.

Based on the meeting results the relevant subdivisions and subsidiary companies were entrusted with the appropriate tasks.