Date: a week ago   Category: Economy

The cost of all oil in Russia is estimated


Oil reserves in Russia are estimated at 40 trillion rubles, natural gas — in 11 trillion rubles. Such figures are given by the Ministry of Natural Resources and Environmental Protection, RBC writes. It is noted that the first assessment is given for the end of 2017. Further it will be annually updated. The Ministry of Natural Resources also estimated reserves of the coked coal (nearly 2 trillion rubles), iron ore (808 billion rubles), diamonds (505 billion rubles) and gold (480 billion rubles). The total value of all mineral and energy resources is 55.2 trillion rubles. Before February 27 the Minister of Energy Alexander Novak estimated reserves of oil and gas in the country. According to its forecasts, there will be enough oil reserves in Russia approximately for 30 years, and gas — more than for 100 years. Reserves of oil of categories B and C at the moment make 29 billion tons. What occurs in Russia and in the world? We explain on our YouTube channel. Subscribe!

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