Putin Pledges to Increase Oil Production in East Siberia
Green Car Congress
AUGUST 24, 2010
According to the Oil and Gas Journal ’s 2008 survey, as cited by the US EIA, Russia has proven oil reserves of 60 billion barrels, most of which are located in Western Siberia. The Russian Ministry of Natural Resources estimated in 2005 that A+B+C1 reserves (roughly equivalent to Proven + Probable reserves) in E.
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