Russia is provided with oil reserves at the existing level of its production for 59 years, natural gas – for 103 years. This was announced in an interview with RBC Minister of Natural Resources and Ecology of the Russian Federation Alexander Kozlov.
According to him, the increase in stocks can be increasing with increasing exploration in hard-to-reach territories.
“Somewhere there are deposits that are released, and there are those that have not yet received a full load. In any case, it is necessary to develop geological exploration, including in hard-to-reach places,” said Kozlov.