A. Shpilman: production of oil from the Bazhenov group to make up 20 million tons per year

Head of the Research Center for Sustainable Mining spoke at the conference on unconventional oil, held on December 3-4 of 2013 about forecasts on the Bazhenov group.

According to the scientist, tax incentives will enable to increase the production from the Bazhenov group to 18-20 million tons per year by 2030. With such extraction the increase of explored reserves in the amount of 500 million tons will be necessary.

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