Alexander Novak: Development of the arctic shelf will be continued
8:39 23 января 2015
Категории: News in English
Development of the arctic shelf will be continued, as it is a strategic resource of the country. It was declared by the minister for energy of the Russian Federation Alexander Novak in the interview to «Rossiyskaya Gazeta».
As the minister says, actually, exploration of many riches is still only in the prospect. In general, development of the shelf is enough long-term and expensive process. Several years will be spent only for geological prospecting. Time of conducting of geological prospecting is very short in the Arctic, in fact – 2 or 3 months in summer. The shelf will demand on considerable investments, because drilling requires for tens and hundreds million dollars.
According to his words, the main thing is in so that companies, in spite of fall in prices for raw materials, would keep on their investment plans, in order not to lose their achievements in the future. It is necessary that in August-September and in the first half of October of next year they would continue drilling in order to confirm or deny availability of reserves in these geological-prospecting structures. As for already operating platforms and existing extraction, in particular, on Prirazlomnaya, fulfillment of these projects will be continued, as Alexander Novak notes.