The project Sakhalin-2 before the term began to generate revenues in the budget of Russia

Two years ahead of schedule to complete the produce section out of the last Russian PSA projects — "Sakhalin-2". This year, the state can count on half a billion dollars in revenue, and up to 2031 — a total of not less than $ 100 billion

Since March of this year, Russia will receive a monthly share of profit production from the project "Sakhalin-2", said the project operator Sakhalin Energy. With the oil price of $ 100. / Bbl. This year the state will receive about $ 500 million (excluding royalties and income taxes), but only until the end of the project payments to Russia, according to the company, will exceed $ 100 billion

Initially, access to the produce section in the "Sakhalin-2" was expected only in 2013-2014, but in the first quarter of the project managed to reach the full return — two years ahead of schedule. This is not only a consequence of the favorable market conditions, but also the result of the company's efforts to optimize production, said CEO of Sakhalin Energy Andrew Gala. Total compensation cost for the project "Sakhalin-2" was 24.5 billion dollars (capital and operating costs for the first and second phases of the project).


Two other Russian PSA project — "Sakhalin-1" and Kharyaginskoye field — have already reached the level of total oil produced in the past year, they have brought the state more than $ 2.5 billion Another $ 450 million dividend for the project "Sakhalin-2 . " "Together with the Ministry of Energy operating companies is constantly working to optimize the costs for all EWS projects, and this year it has a positive impact on revenues of the state", — told the agency. According to Ministry of Energy estimates, over the past few years against the backdrop of rising costs in the industry state revenues over the life of the PSA quadrupled. This year, the ministry plans to reduce unit operating costs by 7%, while the growth of state revenues will be 19%, highlighted by the Ministry of Energy. Earlier the Minister Sergei Shmatko said that this year Russia's revenues from the three projects should be more than $ 3.6 billion

Previous to the PSA-projects often claim arose in the Accounts Chamber: in the last inspection "Sakhalin-1", "Sakhalin-2" and Kharyaga department celebrated their inefficiency, and some experts raised the question of whether the PSA system as such. However, in January of this year, Sergei Shmatko assured that existing agreements will not be revised, adding that "the theme of the PSA in Russia completely healed."

"The implementation of the project" Sakhalin-2 "showed that the PSA contracts are quite effective," — says co-director of the analytical department of "Investkafe" Gregory Birge. He did not rule out the possibility that in the future will be wrapped and other contracts PSA, especially if access to the shelf will get Russian private oil company. "However, the active development of the shelf can be no earlier than 2015-2016 years when the planned capacity will come out major projects in Eastern Siberia," — said Mr. Birge.

According to the analyst, "Troika Dialog" Valery Nesterov, in the future, the share of profit oil Russian project "Sakhalin-2" will be at least $ 700 million, and production of oil on the project is expected to increase by 10 thousand barrels per day. night. "The income from the" Sakhalin-2 "will cover the losses of the state from Kharyaga", — the expert adds. Last week, the operator Kharyaga Total of France reported that the peak production from the project will decrease by 40% to 2,000,000 tons per year, and will be made only in 2017-2018.

In the framework of the "Sakhalin-2" mastered The PA and Lunskoye field recoverable reserves are estimated at 150 million tons of oil and 500 billion cubic meters. meters of gas. Sakhalin Energy shareholders are "Gazprom" (50%), Shell (27,5%) and Japan's Mitsui and Mitsubishi (12,5 and 10%, respectively). Last year, the project was produced 5.76 million tons of oil and 14.6 billion cubic meters. meters of gas.

The total recoverable reserves of hydrocarbons on the project "Sakhalin-2" are more than 600 billion cubic meters. meters of gas and 170 million tons of oil and condensate.

The uniqueness of the project "Sakhalin-2"

— The first project to be implemented in Russia under a production sharing agreement. The first production sharing agreement signed in Russia.
— The first offshore oil and gas platforms installed in Russia.
— The first factory for the production of liquefied natural gas in Russia.
— The first output of Russian gas to the energy markets of the Asia-Pacific region and the north coast of America.

Two years ahead of schedule to complete the produce section out of the last Russian PSA projects — "Sakhalin-2". This year, the state can count on half a billion dollars in revenue, and up to 2031 — a total of not less than $ 100 billion

Since March of this year, Russia will receive a monthly share of profit production from the project "Sakhalin-2", said the project operator Sakhalin Energy. With the oil price of $ 100. / Bbl. This year the state will receive about $ 500 million (excluding royalties and income taxes), but only until the end of the project payments to Russia, according to the company, will exceed $ 100 billion

Initially, access to the produce section in the "Sakhalin-2" was expected only in 2013-2014, but in the first quarter of the project managed to reach the full return — two years ahead of schedule. This is not only a consequence of the favorable market conditions, but also the result of the company's efforts to optimize production, said CEO of Sakhalin Energy Andrew Gala. Total compensation cost for the project "Sakhalin-2" was 24.5 billion dollars (capital and operating costs for the first and second phases of the project).


Two other Russian PSA project — "Sakhalin-1" and Kharyaginskoye field — have already reached the level of total oil produced in the past year, they have brought the state more than $ 2.5 billion Another $ 450 million dividend for the project "Sakhalin-2 . " "Together with the Ministry of Energy operating companies is constantly working to optimize the costs for all EWS projects, and this year it has a positive impact on revenues of the state", — told the agency. According to Ministry of Energy estimates, over the past few years against the backdrop of rising costs in the industry state revenues over the life of the PSA quadrupled. This year, the ministry plans to reduce unit operating costs by 7%, while the growth of state revenues will be 19%, highlighted by the Ministry of Energy. Earlier the Minister Sergei Shmatko said that this year Russia's revenues from the three projects should be more than $ 3.6 billion

Previous to the PSA-projects often claim arose in the Accounts Chamber: in the last inspection "Sakhalin-1", "Sakhalin-2" and Kharyaga department celebrated their inefficiency, and some experts raised the question of whether the PSA system as such. However, in January of this year, Sergei Shmatko assured that existing agreements will not be revised, adding that "the theme of the PSA in Russia completely healed."

"The implementation of the project" Sakhalin-2 "showed that the PSA contracts are quite effective," — says co-director of the analytical department of "Investkafe" Gregory Birge. He did not rule out the possibility that in the future will be wrapped and other contracts PSA, especially if access to the shelf will get Russian private oil company. "However, the active development of the shelf can be no earlier than 2015-2016 years when the planned capacity will come out major projects in Eastern Siberia," — said Mr. Birge.

According to the analyst, "Troika Dialog" Valery Nesterov, in the future, the share of profit oil Russian project "Sakhalin-2" will be at least $ 700 million, and production of oil on the project is expected to increase by 10 thousand barrels per day. night. "The income from the" Sakhalin-2 "will cover the losses of the state from Kharyaga", — the expert adds. Last week, the operator Kharyaga Total of France reported that the peak production from the project will decrease by 40% to 2,000,000 tons per year, and will be made only in 2017-2018.

In the framework of the "Sakhalin-2" mastered The PA and Lunskoye field recoverable reserves are estimated at 150 million tons of oil and 500 billion cubic meters. meters of gas. Sakhalin Energy shareholders are "Gazprom" (50%), Shell (27,5%) and Japan's Mitsui and Mitsubishi (12,5 and 10%, respectively). Last year, the project was produced 5.76 million tons of oil and 14.6 billion cubic meters. meters of gas.

The total recoverable reserves of hydrocarbons on the project "Sakhalin-2" are more than 600 billion cubic meters. meters of gas and 170 million tons of oil and condensate.

The uniqueness of the project "Sakhalin-2"

— The first project to be implemented in Russia under a production sharing agreement. The first production sharing agreement signed in Russia.
— The first offshore oil and gas platforms installed in Russia.
— The first factory for the production of liquefied natural gas in Russia.
— The first output of Russian gas to the energy markets of the Asia-Pacific region and the north coast of America.

 

 

 

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