No new hydrocarbon deposits were discovered in the Arctic zone of Russia in 2023. At the same time, the recoverable reserves at existing fields increased by 13.4 million tons of oil and condensate and 60.6 billion cubic meters of gas, said Igor Shpurov, head of the State Commission on Reserves, to RIA Novosti.
According to him, the increase in oil and condensate reserves in all of Russia last year amounted to 550 million tons of oil and condensate and 705 million tons of gas. Thus, the share of the Arctic in the increase in reserves of liquid hydrocarbons and gas amounted to 2.4% and 8.6%, respectively.
Shpurov also said that the state licensed Savinskoye, a large gold deposit in Chukotka, and the America titanium deposit in the Murmansk region.
Alex Shishlo for Rough&Polished
