According to Novatek chairman Leonid Mikhelson, the company is planning to start the development of the North Russkoye, Dorogovskoye and East Tazovskoye fields before the end of this year.

Together, the company expects the three assets with proved reserves of 76.7 billion cubic metres of gas to produce at a plateau rate of 8 Bcm of gas per year.

Additionally, Novatek expects annual production of 38 million barrels of condensate at the fields.

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