26 April 2024
Russian Ministry seeks approval for continental shelf exploration programme
Publication date: 25 October 2011
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Russia’s Ministry of Natural Resources plans to circulate for approval a draft programme for the development of oil and gas resources on the Russian continental shelf, which will form the basis for future oil and gas projects in the Russian offshore. The document proposes investment of $visual_editorvisual_editor5-visual_editor30 billion to visual_editor030, which is to include $40 billion funding from the government.