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Yakutia will increase oil production
Oil production in Yakutia in 2014 may increase by 30 percent and amount to 9,9 million tons. It is expected that this year Rosneft, which owns the entire stake in Taas-Yuryakh Neftegazodobycha, will extract more than 1 million tons of oil in Yakutia, which is 5,5 times more than last year.
It provides for an increase in oil production in the territory of Yakutia and the company "Surgutneftegaz" - up to 8,8 million tons, which is 22,4% higher than last year. In October last year, the arrangement of the first stage of the Srednebotobuinskoye oil and gas condensate field was completed and export deliveries of oil via the ESPO were started.
Another subsidiary of Rosneft, CJSC Irilyakhneft, which is a subsoil user of the Irilyakh Oil and Gas Company, provides the needs of ALROSA and the housing and communal services of the republic in oil boiler fuel.