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Premium Engineering signs gas treatment contract

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OOO Premium Engineering and OOO RN-Sakhalinmorneftegas have signed a contract for the supply of six compression units and one drying unit to the Odoptu-Sea natural gas field.

The supply of an associated gas treatment unit (AGTU) is scheduled for beginning of the year 2010.

Alexandra Bocharova, CEO of Premium Engineering, noted, “This contract marks an important step in the recovery of associated gas. In signing this contract both parties have made every effort to assess future profitability taking into account all environmental issue.”

Wells in the ‘Odoptu-Sea’ are among the most productive for Sakhalinmorneftegas, producing between 130-200 tonnes of petroleum per day.

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