Rosneft Extremely Bullish About Arctic Oil And Gas Discoveries ...Middle East

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At the core of Russia’s hydrocarbons-related power is its Arctic oil and gas reserves, with the Russian Arctic sector comprising over 35,700 billion cubic metres of natural gas and over 2,300 million metric tons of oil and condensate, the majority of which are located in the Yamal and Gydan peninsulas, lying on the south side of the Kara Sea. According to recent comments from Russia’s President, Vladimir Putin, the next 10-15 years will witness a dramatic expansion in the extraction of these Arctic resources, and a corollary build-out…

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Rosneft Extremely Bullish About Arctic Oil And Gas Discoveries ...Middle East

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