$2.64 trillion pleaseDeveloping Russia’s Arctic offshore oil and gas will require trillions of dollars Alan Bailey Petroleum News
According to Russian estimates, Russia’s Arctic Ocean shelf could hold 580 billion barrels of oil equivalent in place, with a substantial component of that resource consisting of natural gas. That would amount to 25 percent of the world’s remaining hydrocarbon potential, Professor Anatoly Zolotukhin....
[additional news subjects in this story]
Reserves replacement needed Thousands of geologists, engineers needed Harsh environment Global climate is cooling Business opportunities in Russia’s Arctic
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