Not whether, but how fast on CO₂ storage in Norway
The following op-ed by Eivind Berstad, Bellona’s CCS team leader, originally appeared in Teknisk Ukbladet. When the European Free Trade Associatio...
News
Gazprom and Rosneft to own all the fields of the Russian shelf
Publish date: January 30, 2007
Shortcuts on this page
News
Gazprom and Rosneft to own all the fields of the Russian shelf
Minister of Industry and Energy Viktor Khristenko and Natural Resources Minister Yury Trutnev suggested Putin to offer Gazprom and Rosneft to get control over continental shelf fields development. The companies will share the fields.
This decision is mainly connected with a wish to keep Russian oil and gas fields away from foreigners, RusEnergy reports. The shelf projects will be given by results of competitions, not auctions.
Staking on Russian companies, the state looses competitors and quality of fields development.
According to the Natural Resources Ministry, oil production on shelf will achieve 10 million tons by 2010 and 95 million by 2020. Gas production is expected to be 30 and 320 billion cubic meters relatively.
More News
All news
Working to discern patterns of environmental disinformation in an online world
For the past eight years, disinformation has dominated news around elections all over the world. Despite this, it is still a widely misunderstood con...
Court decision puts Norway on the hook for massive CO₂ Storage build-out
A ruling by the European Free Trade Association Court that Norway’s continental shelf falls under the European Economic Area Agreement could dramatic...
Arctic Frontiers: Disinformation, Security and the Northern Sea Route
Bellona held a seminar on countering Russian disinformation in the Arctic at the Arctic Frontiers international conference in Norway