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Article: Russia's Arctic Kara Sea gas potential 'bigger than baltic'.(HORIZON)
- Article from:
- World Gas Intelligence
- Article date:
- September 19, 2007
- Author:
CopyrightCOPYRIGHT 2007 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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If you thought there was a lot of gas in the Barents Sea--home to the estimated 3.7 trillion cubic meter (130 trillion cubic foot) Shtokmanovskoye field, among others--wait until you see the Arctic Kara Sea just to the east (WGI Sep.12,p2). That's the message from state Gazprom's Vniigaz exploration and research subsidiary. It estimates that the Arctic Kara Sea, bordered by the Yamal Peninsula to the east and the island of Novaya Zemlya on the west, holds up to 15 Tcm (530 Tcf) of gas, the bulk of Russia's offshore reserves potential and almost double the potential in the Barents Sea.
Considerable guess work is involved, since the area is sparsely explored. But ...