Ministry of Industry and Trade to vote 1.8 bln roubles for the development of oil-and-gas equipment

Ministry of Industry and Trade of Russia will allocate 1.8 billion roubles for research and development work within the frame of creation Russian equipment for oil and gas production.

“In late 2015 there was adjusted state-run shipbuilding programme, within the frame of which we plan to support research and development work on 10 directions in the field of shelf development, regarding seismic survey and underwater networking equipment at about 1.8 billion roubles,” Minister of industry and Trade D.Manturov said.

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