Source Pravda.Ru

Nature Minister meets with Gazprom CEO

Russian Nature Minister Vitaly Artyukhov and head of the Gazprom gas holding Alexey Miller discussed exploration and development of deposits on the Yamal peninsular and of the Shtokmanovskoye deposit in the Barents Sea. They also touched upon the creation of the 2003 program of exploration activities for Russia's gas giant, the press service of the Nature Ministry reported.

It pointed out that the Ministry had continued paying special attention to exploration of natural resources within a conceptual position the State Council presided over by Russian President Vladimir Putin, approved this February. In 2002, an increase in explored hydrocarbon resources as compared to the current production rate has been registered for the first time over the past decade.

According to forecasts of the Natural Ministry, beginning 2007, the Yamal peninsular and Russia's northern seas will become strategic regions for providing the necessary amount of gas production, long term. Before 2020, the exploration of Yamal's deposits will require $70bn.

© &to=http://www.rbc.com' target=_blank>RBC

Comments
Who loses and wins most from Caspian Sea division
Default more likely to hit American, rather than Russian economy
The Sham called Democracy
Default more likely to hit American, rather than Russian economy
Melania Trump starstruck when shaking hands with Putin
Melania Trump starstruck when shaking hands with Putin
Ukraine dreams of what it can do to Crimea after winning war with Russia
Details of Putin-Merkel surprise meeting unveiled
Ukraine dreams of what it can do to Crimea after winning war with Russia
Why Russia continues investing in US public debt
Ukraine dreams of what it can do to Crimea after winning war with Russia
The Sham called Democracy
Ukraine dreams of what it can do to Crimea after winning war with Russia
Who loses and wins most from Caspian Sea division
Who loses and wins most from Caspian Sea division
Ukraine and PMC Blackwater to poison Donbass with radioactive waste
Ukraine dreams of what it can do to Crimea after winning war with Russia
Who loses and wins most from Caspian Sea division
Who loses and wins most from Caspian Sea division
Ukraine dreams of what it can do to Crimea after winning war with Russia
Ukraine dreams of what it can do to Crimea after winning war with Russia