Putin visits Russian cultural center in ParisSociety & Culture May 30, 3:37
Search engine Yandex denies transfer of Ukrainians' personal data to Russian intelligenceWorld May 30, 0:11
At least 137 people injured in Moscow storm — sourceWorld May 30, 0:05
Ukraine's security service accuses search engine Yandex of leaking personal info to MoscowWorld May 30, 0:03
Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
HOUSTON (Texas), March 8 (Itar-Tass) – Russia’s Rosneft hopes for the economic effect of 4-5 billion US dollars from the projects in the Vankor block of fields (the Krasnoyarsk Territory), Rosneft CEO Igor Sechin said on Wednesday delivering a reported at the CERAWeek annual international energy conference that is underway in Houston.
“The integrated implementation of projects for the development of the Vankor province will make it possible to get the economic effect of about 4-5 billion US dollars,” Sechin said. According to him, Vankor is an example of how Rosneft is able to implement plans for oil production and effectively involve reserves in the development.
“The field is the largest new oil project in post-Soviet Russia. Our builders and drillers had to develop the field in the remote area of ··Eastern Siberia and launch it in just six years, despite the total lack of infrastructure and severe climatic conditions,” the head of the Russian company said.
According to him, the implementation of this project became possible also thanks to the active application of the full range of modern technology. “We have already opened at Vankor the 3P reserves (proven, probable and possible reserves) in the amount of 3.9 billion barrels of oil equivalent, the development of which has allowed us to achieve a stable level of oil production of more than 400 thousand barrels per day,” Sechin said.
The head of Rosneft noted that the integration of the assets of TNK-BP allows Rosneft to increase the resource base of this region by 2.7 billion barrels of oil equivalent.