Russian oil reserves will run out in 53 years, and gas - in 103 years

The head of the Ministry of Natural Resources, Alexander Kozlov, said that it is now necessary to develop geological exploration in hard-to-reach areas

places and load the Northern Sea Route.

Somewhere there are deposits that are being released, and there are those that have not yet received full load. In any case, it is necessary to develop geological exploration, including in hard-to-reach places.

Alexander Kozlov, head of the Ministry of Natural Resources and Environment

He also noted the need to load the Northern Sea Route, the main source of which will be hydrocarbons.

In April, the head of the Federal Agency for Subsoil Use, Yevgeny Kiselev, said that oil reserves in Russia would last for 58 years, of which profitable only for 19 years.

It is noted that the production of oil and gas condensate in Russia in 2020 decreased by 8.6%, to 512.68 million tons, which was the lowest value in 10 years.

Read more:

The intensity of the new most powerful laser is comparable to the light of the Sun falling on the Earth.

Physicists have created an analogue of a black hole and confirmed Hawking's theory. Where it leads?

The first accurate map of the world was created. What's wrong with everyone else?