+44 207 394 30 90 (London)

The Ministry of Natural Resources sees positive prospects for the exploration of Siberian fields

Главная » News » The Ministry of Natural Resources sees positive…

The Ministry of Natural Resources of Russia defined the key tasks for the development of mineral resources base. The strategy will be defined with a view of the existing reserves, shortage of certain types, economic viability, regional specificity, and opportunities for export.

Sergey Donskoy, Ministerial Head, draws attention to the exploration of the Far Eastern and Arctic fields. He thinks that geological exploration of these fields is a priority goal, which should be paid max attention. He also states that it is required to concentrate efforts on the exploration of promising fields in the northern part of the Western and Eastern Siberia, as well as the exploration of Western Siberian Plate, East-Siberian Platform, Peri-Caspian Lowland, etc.

Besides, the Ministry also highlights the necessity to establish a set of measures to facilitate the exploration of small fields. The Ministry puts forward a number of activities, aimed at the attraction of companies to develop unconventional hydrocarbon reserves. Within the strategy, it is planned to support promising projects, which will further bolster the development of the Northern sea corridor. The Minister also informs about the executed geoexplorational activities. The most promising sites for the development are Leno-Tungus province and western part of Siberia, as well as deep horizons of Volgo-Urals and Caspian Sea region.

MORE

Gazprom’s Amur gas processing plant remains on schedule

Construction of the project’s main phase is progressing on schedule, with supply and assembly of Linde AG’s equipment for cryogenic gas separation installations of the complex’s first production lines now under way, with additional heavy equipment for those units to be shipped to the site via the Zeya River starting this summer, Gazprom said. The…


Saudi Arabia and Russia consider 10 to 20 year oil alliance

Russia and OPEC member Saudi Arabia are seeking to extend oil market cooperation for decades to stabilise crude prices. Saudi Arabia and Russia are working on a long-term deal to extend their alliance on oil curbs that began in January 2017, after a crash in crude prices. “We are working to shift from a year-to-year…


Russia, Saudi Arabia in talks for unprecedented deal to control oil supplies for 20 years

NEW YORK — Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years to come. Saudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering a longer deal to extend a short-term alliance on oil curbs…


Spelling error report

The following text will be sent to our editors: