ITERA has been involved in production of natural gas in the Yamalo-Nenets Autonomous Region (YaNAO) in Western Siberia (Russia) since 1998. The Company has invested over $1 billion in the gas industry.
ITERA is the first private company to put gas fields into operation in the Far North of Russia: Gubkinskoye gas field (reserves of 399 BCM) in 1999, gas deposit (reserves are 407 BCM) of Vostochno-Tarkosalinskoye field in 2001), and Beregovoye (reserves are 325 BCM) in 2003.
The total of over 100 BCM of natural gas has been produced by ITERA in its fields in Yamalo-Nentskiy autonomous region.
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