Natural resources
Gazprom Neft plans to extract 6.3 million metric tons of oil at Novoportovskoye deposit in 2018
© RIA Novosti. Maksim Blinov

Gazprom Neft plans to extract 6.3 million metric tons of oil at Novoportovskoye deposit in 2018

Gazprom Neft plans to extract 6.3 million metric tons of oil from the Novoportovskoye deposit in 2018, RIA Novosti reports citing the company's press service.

"In 2018, 6.3 million metric tons of oil will be produced. Plans for the further development of the deposit will be worked out by late 2017," the statement reads.

The Novoportovskoye deposit is located on the Yamal Peninsula. Recoverable C1 and C2 reserves are estimated at more than 250 million metric tons of oil and gas condensate and more than 320 billion cubic meters of gas (including Paleozoic deposits).