Russia fully replaced its oil and gas reserves in 2010 despite extracting crude at a record-high speed, the Federal Subsoil Resources Use Agency said Friday.
The agency said that according to preliminary estimates, oil and condensate reserves grew by 750 million tons this year due to oil companies’ own exploration efforts, while gas reserves increased by 810 billion cubic meters.
Anatoly Ledovskikh, the agency’s head, said “deposits owners” discovered 42 hydrocarbon fields in 2010.
The statement gave no figure for the overall reserves, which is classified in Russia.
(Reuters)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
