Gazprom says eyes condensate exports from Kirinskoye fields

YUZHNO-SAKHALINSK: Russia's top gas producer Gazprom is considering gas condensate exports from its Sakhalin offshore group of Kirinskoye oil, gas and condensate fields, an official at the state-run firm said on Wednesday. "Of course we are eyeing options for monetization of (condensate) reserves," Viktor Timoshilov, who is overseeing Gazprom's Russian Far East gas development programs, told reporters.

Gazprom believes the condensate reserves of two offshore deposits, Kirinskoye and the yet-to-be-launched Yuzhno-Kirinskoye, could exceed the currently proved amount near 120 million tonnes.

Exploration work was continuing at the two fields, Timoshilov said.