Rosnedra forecasts oil reserves growth at the volume of 550 mln tons

Rosnedra forecasts the growth of oil reserves in Russia at the volume of 550 mln tons within 5 years, the head of the Agency, V. Pak said.

“We expect the growth of oil reserves to be 550 mln tons not dependent on the price fluctuations within the next 5 years”, he said.

The exact data upon the growth of hydrocarbons reserves will be announced in the spring 2015. He also forecast that the growth of hydrocarbons reserves in 2014 is likely to be not less than in 2013.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer