In 2013, Russian oil companies almost trebled investments into APG utilization projects
Edited by Rhod Mackenzie / 2013-11-18 12:57:23
In 2013, Russian oil companies almost trebled investments into associated petroleum gas (APG) utilization projects to 50 billion rubles from roughly 18 billion rubles in 2012, the Minister of Natural Resources, Sergei Donskoy reported at a press conference.
According to him, by results of the year the volume of the APG utilization will grow to 80% from 76.2% in the previous year. “At the end of the year, the utilization will reach about 80%,” – Donskoy said.