Growth of hydrocarbons reserves exceeded 150 mln tons in Russia in Q1

​As of the beginning of April the growth of hydrocarbons reserves in Russia made up over 150 mln tons under ABC1+C2 categories, the Ministry of Natural Resources reports.

The rates of recovery of mineral resources don’t fall.

The Ministry says the newly issued licenses will contain conditions maximally meeting the interest of the Government in the part of effective and rational subsoil use. Subsoil users will gain an opportunity to timely correct the conditions of technical projects that depend on external economic factors, state of infrastructure, method of development, technologies, equipment.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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