Russian Federation
Yamal-Nenets Autonomous District
Yamal-Nenets Autonomous District is a major region for production activity of ITERA. The Company proceeded to implementation of natural gas production projects in Yamal-Nenets Autonomous District in 1998.
A year later, the Gubkinskiy gas field was put into commercial operation and further on, after a year, a gas field of Vostochno-Tarkosalinskoye deposit was put into commercial service.
In 2003, ITERA put into commercial operation the Beregovoye field.
ITERA International Group of Companies participates in commercial operation of gas fields and development of hydrocarbons fields in Yamal-Nenets Autonomous District with the aggregate reserves of 510 billion cu m of gas, over 2 million tons of gas condensate and 7 million tons of oil.
The production of up to 50 BCM of gas by 2008 is included into the Company plans.
ITERA takes part in gasification of settlements and towns of Yamal-Nenets Autonomous District, contributes to implementation of social programs in the District.
Sverdlovsk Region
ITERA has operated in Sverdlovsk Region since 1999; it completely satisfies the needs of this major industrial region in natural gas. The supplies are effected through ZAO Uralsevergaz, an ITERA subsidiary, in the amount of about 17 BCM a year.
In 2003, ITERA and the Government of Sverdlovsk Region have concluded an agreement on cooperation for the period of 2004 through 2008, pursuant to which ITERA will deliver 88 BCM of gas to consumers of the Region for this period.
ITERA participated in the construction of over 200 km of medium pressure trunk gas pipelines within the territory of Sverdlovsk Region.
Kalmykia
ITERA obtained 11 licenses for undertaking exploration work in Kalmykia. A large-scale program for natural gas prospecting and production in the territory of the Republic is prepared for implementation.
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