Source Pravda.Ru

Investments in fuel and energy industry plunge

In 2002, the volume of investments in the Russian fuel and energy industry was 79 percent of the level of 2001. This information was released in documents prepared by the Russian Energy Ministry for a meeting of the Ministry's board, devoted to the results of 2002. The volume of investments, planned for 2003, amounts to RUR708.4bn (about $22.38bn), or 131.6 percent against 2002. It is planned to put in operation 3,937 oil wells, energy facilities with an output of about 1.206 million kilowatts, 884.8 kilometers of main gas pipelines, 776.6 kilometers of oil pipelines, and coal production facilities with capacity of 16.6 million tons.

In 2002, capital investments in the electrical energy industry were RUR79.740bn (about $2.52bn), or 89.6 percent of the planned amount. Electrical energy exports reached 18.6 billion kilowatt per hour, worth $261m.

The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?

Argentina hides the truth about the death of San Juan submarine
Comments
Russia to ban capture of killer whales and belugas in 2019
North Korea destroys security points in demilitarised zone
Russia to ban capture of killer whales and belugas in 2019
Third Rome and geopolitics of Orthodox schism
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
The Amazon and the New Conquistadores
Brexit: The UK's misunderstanding of Democracy
The Amazon and the New Conquistadores
The Amazon and the New Conquistadores
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Russia to raise sunken floating dock
Unemployment in Russia hits record high of 15 percent
Third Rome and geopolitics of Orthodox schism
Brexit: The UK's misunderstanding of Democracy
Why Trump tries to re-industrialize America
Why Trump tries to re-industrialize America
MP suggests replacing Lenin's mummy with rubber figure
Russian Navy admiral says Russia will torpedo US warships, if need be
The horror story called Brazil: Murder and destruction