(EnergyAsia, May 31) — Russia could run out of its onshore oil and gas by 2015, and will have to look offshore for its energy supplies, according to Pravda news agency. Yury Trutnev, Russia’s Minister for Natural Resources, said the country must start exploring for new reserves in its vast offshore areas. He…
RUSSIA: Offshore oil reserves to provide US$5 billion in additional revenue
Posted on May 31, 2005 by EnergyAsia