During the coming years Rosneft will continue development of the arctic shelf of Russia
14:29 18 июня 2017
Категории: News in English
The company “Rosneft” together with its partners invests 480 milliard rubles into development of the continental shelf of Russia in the next five years.
Since 2012 investments of Rosneft to development of the Arctic shelf have made about 100 milliard rubles. The company is not going to reduce tempos of work, and from 2017 to 2021 amounts of investments will 2.5 times grow — up to 250 milliard rubles. In total the amount of investments to development of the continental shelf of the Russian Federation in cooperation with the partners on projects for the next 5 years is estimated in 480 milliard rubles, as representative of the company tells TASS.
According to the earlier information, Rosneft intends to intensify work on exploratory drilling on the Arctic shelf and till 2021 plans to drill four exploratory wells on the shelf of the Laptev Sea and eight wells in the Kara and Barents seas.
Now Rosneft owns 28 license areas on the Arctic shelf with the total resources in 34 milliard tonnes of oil equivalent. The company’s share exceeds 78 percent of the total territory of the license areas in the Arctic.