Business

MOSCOW, August 1 (RIA Novosti) - A Gazprom...

Press secretary Sergei Kupriyanov discussed the company's plans in a radio interview, the day before a Russian exploration vessel is to send mini-submarines on the first-ever dive below the North Pole, a symbolic move as Russia attempts to claim a vast section of the Arctic.

The United States' geological survey data suggest the Arctic seabed contains up to 25% of the world's oil and natural gas reserves, and other mineral riches, made accessible by the retreating of the polar ice due to global warming.

Sergei Kupriyanov told Ekho Moskvy: "We have approved a program of work on the Arctic shelf, which includes a great deal of prospecting."

The spokesman stressed the potential vastness of the Arctic shelf's reserves - the Shtokman field alone in the Barents Sea holds an estimated 3.8 trillion cubic meters of natural gas, he said.

"This is more than we have supplied to Europe over the past 30 years. Less than 5% of the Arctic shelf has been

Pages: [1] 2 


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):
Popular Articles

Russian Prime Minister Vladimir Putin has...

Russian Prime Minister Vladimir Putin has approved new rules on the sales and use of pyrotechnics more than two weeks after a deadly nightclub fire killed at least 150 people in the Urals.


MOSCOW, October 29 (RIA Novosti) - Russia"s...

MOSCOW, October 29 (RIA Novosti) - Russia"s largest independent oil producer LUKoil said on Thursday its net profit calculated under Russian Accounting Standards fell 92%, quarter-on-quarter, in July-September 2009 to 1.76 billion rubles ($59 million).


MOSCOW, March 23 (RIA Novosti) - Russia's...

MOSCOW, March 23 (RIA Novosti) - Russia's flagship air carrier Aeroflot has filed a bid for a tender to purchase a 91.5% stake in Czech Airlines (CSA), Aeroflot's press office said on Monday.