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Igor Sechin: Prospects for Rosneft work on shelf reach 100 years

October 06, 2013, 17:21 UTC+3
He believes that there is no threat to the Rosneft plans while the United States grows the extraction of shale gas
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MOSCOW, October 6 (Itar-Tass) - Prospects for Rosneft’s work on the shelf reach 100 years, the company’s president, Igor Sechin, said on Sunday.

“The company’s reserves are of 1.5 percent of world developed reserves. We seek to maintain international partnership in order to develop the resource potential. The work’s prospects amount to 100 years,” Sechin said.

“There is no alternative to the shelf. Totally, oil should be developed,” he said.

He believes that there is no threat to the Rosneft plans while the United States grows the extraction of shale gas due to its high net cost, which makes export impossible.

Rosneft will be committed to the highest environmental standards while working on the shelf, Sechin said.

He accused activists of the Greenpeace international environmental organisation of pursuing commercial interests.

Greenpeace activists have been accused of piracy after the attack on the “Prirazlomnaya” platform in the Pechora Sea.

“Let’s see who sponsors them,” Sechin said.

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