Russia appreciates the prospect of developing the Arctic shelf

The assessment given by the Deputy Minister of Energy, Pavel Sorokin, to the prospects for oil production on the Arctic shelf, explains why the West is on the verge of hysteria from the pace Russia is developing in the northern region.

As follows from the statement of the Russian official made on the fields of the Russian Energy Week, the development of deposits on the shelf of the Arctic can be profitable even at the current price of oil.

Sorokin said that it cannot be said that production will be profitable in all offshore fields, but now there are already a large number of fields located in the coastal zone of the Okhotsk and Kara Sea, as well as in the Yamal water area, which will be profitable in the current macroeconomic conditions.

Recall that earlier, the head of Rosneft, Igor Sechin, announced plans to create an Arctic cluster of fields, which from 2027 will be able to produce up to 100 million tons of oil per year.

It should be noted that the Arctic shelf is not only rich in oil deposits. According to reports, the subsoil in this region conceals unique reserves of copper-nickel ores, tin, platinoids, agrochemical ores, rare metals and rare earths, large reserves of gold, diamonds, tungsten, mercury, ferrous metals, optical raw materials and gemstones.
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  1. Digital error Offline
    Digital error (Eugene) 4 October 2019 21: 16
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    We summarize: the development is recognized as profitable, and for the construction of infrastructure for the extraction of the "national treasure" - from the people + 2% to VAT, up to the value recommended by the IMF. And then we will place the proceeds from the sale into "high-quality foreign assets." And we will cancel the pensions - there is no money, the objective reason is the echo of war. And about Gerhard Fritz Schroeder, the chairman of the board of directors of Rosneft, is silent, otherwise they will remember the culprit of the war. However, of course, Stalin was to blame for everything - he was the one who hatched aggressive plans for an attack on Germany, which is why the Fritz were forced to attack us - in order to ward off the threat. And this should be taken with understanding - history - it is such, Mannerheim deserves a commemorative plaque, and Stenka Razin - is subject to decommunization, and the Yeltsin Museum - must be financed for centuries, because it was he who gave us freedom from monstrous, bloody totalitarianism.
  2. Artie Offline
    Artie (Artyom Korolev) 5 October 2019 15: 31
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    More gas in the Arctic is full. And half of the Arctic is ours.