TNK-BP to Commission New 700mn Ruble Power Plant in Uvat
OREANDA-NEWS. November 26, 2012. TNK-BP announces it has begun integration testing of a new 15 MW gas-fired piston power plant (GPPP) at Ust-Tegusskoe field, part of the company’s Uvat project, after investing close to 700 million rubles into the project, reported the press-centre of ТNК-ВР.
Since 2009 the company has been on a wide-scale campaign to utilize its associated petroleum gas (APG), with over 50 projects underway on TNK-BP’s upstream assets in Russia and a total of nearly 17 billion rubles to invest in 2012.
Starting up an APG-fired GPPP will boost efficiency of oil production at Uvat project’s Eastern Hub, which comprises Urnenskoe and Ust-Tegusskoe fields with over 100 million tonnes of recoverable reserves.
By the end of 2012 the GPPP will consume 4.6 million m? of APG, adding 5% to the current APG utilization rate at the Eastern Hub, where new drilling continues at a high pace.
TNK-BP has earmarked close to 7 billion rubles for captive generation projects (among them GPPP plants) in Eastern Uvat to achieve 95% APG utilization in 2014.
“Launching a new captive generation plant in Uvat is another step in our strategy to bolster energy security of the Company’s assets,” said Mikhail Slobodin, TNK-BP Executive Vice President, Strategy and New Business Development. “We will remain active in this area on greenfields and brownfields alike. This is fully in line with the goal of running our business sustainably and minimizing the environmental footprint of our operations.”
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