Russian Defense Ministry surprised over German MPs reaction to Reichstag miniature plansRussian Politics & Diplomacy February 24, 16:32
Iraq's PM orders airstrikes on IS positions in SyriaWorld February 24, 16:09
Nord Stream 2 financing model to be ready by year end - OMVBusiness & Economy February 24, 13:44
Churkin left bright mark in history of Russian diplomacy, Lavrov saysRussian Politics & Diplomacy February 24, 12:20
Cargo spacecraft docks ISS in automatic modeScience & Space February 24, 11:58
Belarus to present to European Commission report on NPP stress tests' results - ministryBusiness & Economy February 24, 11:36
Funeral ceremony for UN Ambassador Vitaly ChurkinRussian Politics & Diplomacy February 24, 10:35
Moscow appoints acting permanent representative to UN after Vitaly Churkin’s deathRussian Politics & Diplomacy February 24, 8:25
Pentagon wants more senior-level talks with Russia on security of flights in Syria — mediaWorld February 24, 8:15
MOSCOW, September 25 (Itar-Tass) —— Russian Minister of Natural Resources and Environment Yuri Trutnev on Sunday warned of increased fines for those companies that will burn more than five percent of associated gases.
“Today, companies send billions roubles to implement the government resolution binding them to use 95 percent of associated gases starting from 2012,” he said at a media forum held within the framework of the United Russia congress. “Companies are only allowed to burn five percent.”
According to the minister, a number of companies have already implemented the government’s resolution. Such companies, in his words, include Surgutneftegaz and Tatneft. LUKoil, he said, has “rather good positions,” while Rosneft “is somewhat lagging.”
“Those who fail to do it by 2012 will have to pay more. They are fully aware of that,” he stressed.
In the meantime, he said that Russia has hydrocarbon resources enough to last for another 100 or 150 years. In his words, Russia’s shelf hydrocarbon resources are estimated at about the same as its continental resources. Moreover, after Russia signed a treaty with Norway, its equivalent fuel shelf resources have augmented by another five billion tons.
“So far, Russians have oil and gas. Reserves will probably be enough to last for 100-150 years,” he said.
Nonetheless, the humankind will have to seek alternative energy sources in the long run, he added.