Fall of geological exploration volumes in Yamal Nenets Autonomous Area in 2015 not to exceed 10%
Edited by Rhod Mackenzie / 2015-12-07 12:52:14
The fall of geological exploration volumes in the Yamal Nenets Autonomous Area in 2015 will not exceed 10% compared to 2014, the head of the department of natural –resource regulation, forestry relations and development of the oil and gas sector, Y. Chebotareva, said.
The volumes of geological exploration will fall insignificantly despite of the objective reasons – internal and external challenges, she said.
Currently only 33% of the discovered oil and gas deposits have been put into industrial development, she said.
