RF Ministry of Natural Resources and Environment: Conventional oil reserves to suffice for another 30-40 years

They say in the Ministry of Natural Resources and Environment that oil reserves at our traditional deposits are enough for another 30-40 years. TASS reports, citing RF Minister of Natural Resources and Environment S.Donskoi.

S.Donskoi also puts hopes upon non-conventional oil reserves, for instance Volga-Ural domanik and West-Siberian Bazhenov formation.

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