Oil & Gas of Eastern Siberia

Eastern Siberia, including the Republic of Sakha, - is a new perspective centre of oil and gas industry of Russia. The

volume of explored oil reserves in the region comprise about 11% of Russian resources, natural gas - nearly 14%,

gas condensate - about 16%. At the same time, about 0.3% of Russian oil and only 1% of gas is mined in the region. It

is planned that the total new capital investment in the development of Eastern Siberia will be $160 billion by

2030. The main priority areas of investment are exploration works (GE), infrastructure, transport and processing of hydrocarbons.