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Oil and Gas of the Russian Arctic: History of Development in the 20th Century, Resources, and Strategy for the 21st Century

.... The oil field was named Pobeda (Victory), which is a sacred word for every Russian citizen. Today, more than 90% of gas reserves and more than 45% of oil reserves on the shelves of the Earth’s circumpolar belt are concentrated on Russia’s West Arctic shelf in the seas of the Arctic Ocean. Currently, the YaNAO, the north of the West Siberian oil and gas province, is the world’s largest gas producing region and a major center of oil production. The huge volumes of oil and, especially, gas production ...

Modified: 30.08.2015
Arctic shelf , oil , gas , history , prognosis
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