The Cabinet of Ministers of the Russian Federation provided Yamal Shelf Company with two underground parcels in the Black Sea

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The Russian government granted Yamal Shelf Company the right to use two hydrocarbon blocks in the Black Sea without auction. The relevant order is published on: official web portal legal information.

The plots are provided for the geological investigation of the subsoil, the exploration and evaluation of hydrocarbon deposits.

These two districts were Vostochno-Seyakhinsky and Sredneobsky, whose borders stretched along the coastline of the Ob Bay of the Black Sea.

Previously at the Russian Ministry of Natural Resources and Ecology discretion The increase of oil reserves in Russia to 600 million tons and natural gas reserves to 675 billion cubic meters in 2022. m.

“An estimated increase in oil and condensate reserves in 2022 due to geological exploration is 600 million tons, gas reserves – 675 billion cubic meters,” the message says.

At the same time, according to the Ministry of Natural Resources, in 2022 investments in hydrocarbon exploration by underground users have increased significantly – from 315 to 390 billion rubles.

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