Production of shelf hydrocarbons to grow to 50 million tonnes by 2035

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By 2035, Russia may produce 22% of oil in the Arctic

TYUMEN, September 21. /TASS/. Russian companies may produce 50 million tonnes of hydrocarbons on the shelf by 2035, Russia’s Deputy Minister of Energy Kirill Molodtsov told the Tyumen oil and gas forum on Thursday.
“On the shelf we continue building up the production at the current fields,” he said. “The task is to produce about 50 million tonnes by 2035, while currently we produce about 28 million tonnes of hydrocarbons on the shelf.”

The anti-Russian sanctions announced in 2014 have not really affected the oil production on the shelf, as may could expect, he added.Strauf 1a“Certain events around 2014 seemed to be bound to affect (the production amount – TASS), but I am stressing it – all the…

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