Report summaryThe Tarkosaleneftegaz fields lie to the south east of Gazprom's giant Urengoiskoye field, in the Yamal-Nenets region of West Siberia. The two core producing fields are East Tarkosalinskoye and Khancheiskoye. Both fields are mature, with condensate and gas production in decline. As a result, recent investments have focused on developing oil reserves. The fields benefit from a 10-year MET discount for crude oil production, and we expect this to incentivise further drilling.NOVATEK's ...
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