Increase of oil reserves to exceed 6 billion tons and gas – 12.6 trillion cubic meters by 2020
Edited by Rhod Mackenzie / 2014-05-29 03:53:39
Metals and mining Oil and Gas Russia Russia Metals and Mining Russia Oil and Gas Coal Gas Uranium Oil
The total increase in oil reserves will be over 6 billion tons, natural gas reserves - 12.6 trillion cubic meters, coal - over 7 billion tons and uranium - 100 thousand tons by 2020, Minister of Natural Resources and Environment, Sergei Donskoy reported at the Government Hour in the Federation Council on May, 28.
As the Ministry of Natural Resources’ press centre reports, Donskoy noted that over the past 5 years the expanded reproduction of hydrocarbon reserves was noted, and the major part of them was registered due to geological exploration and new discoveries, not because of the reserves revaluation.
