The investments of OAO Oil Company “Rosneft” in the development of the Arctic shelf can make up $ 400 billion for the first 20 years, as the correspondent of “Gazeta.Ru” repots. The relevant statement was made on Wednesday by the Head of “Rosneft” Igor Sechin. He also said that the total amount of investment in Eastern Siberia and the Far East in connection with the new long-term contracts for supplies to Asia-Pacific countries will make up 3 trillion roubles.
“The investments in the oil industry in general, including production, processing and transportation of oil for the period of 2010-2014, amounted to more than $ 5 trillion roubles” – Sechin added. During the St. Petersburg International Economic Forum in late May Sechin and the President of ExxonMobil Exploration (a partner of “Rosneft” on Arctic projects) Steven Greenlee called the start of drilling in the Arctic a key event in the world of oil in 2014.
Author: Anna Dorozhkina