Russia's Rosneft discovers major new oil deposit on Arctic shelfJune 19, 2017 - 16:18 AMT PanARMENIAN.Net - Russian oil major Rosneft has announced the discovery of a new oil deposit while drilling at Khatanga Bay in the Laptev Sea in the eastern Arctic. The Ministry of Natural Resources says this could be the largest oil deposit on the country’s Arctic shelf, according to RT. “During the drilling of the Tsentralno-Olginskaya-1 well from the shore of the Khara-Tumus Peninsula on the shelf of the Khatanga Bay of the Laptev Sea, three core samples were taken from depths of 2305 to 2363 m, which showed high oil saturation dominated with light oily fractions,” the company said in a statement. The potential of the newly-discovered deposit has yet to be verified, the company said. “On the basis of primary studies, it can be concluded a new oil field has been discovered, the volume of the resource potential of which is increasing as the drilling continues. Core sampling continues at the moment,” a statement from Rosneft said. Russian Minister of Natural Resources Sergey Donskoy congratulated the company on the discovery and said this could be the largest oil deposit in the Russian Arctic. "Now we expect more discoveries from our colleagues. They promise to cheer up the sector soon," Donskoy posted on Facebook. Russia’s largest private oil company – Lukoil – is also operating in Khatanga. Lukoil has been developing the Eastern Taimyr sector. The area’s coastal resources are estimated at 4.5 million tons of oil, 9.3 billion cubic meters of gas and 0.5 million tons of condensate. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |