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This is Alexander Mercouri's latest post. It's on my YT feed but not showing here as content. I'm alerting @theduran of this and pinning it (hopefully). I will delete it once it is official. Have an awesome day Duranians.💕 - W (PS only have tipping to try and pin it. please don't tip)
Russia makes massive oil discovery in the Arctic 😜
It is one of the largest recent findings on the Russian shelf, energy giant Rosneft says
Russian energy major Rosneft has announced the discovery of a huge oil deposit in the Pechora Sea containing an estimated 82 million tons of oil.
The field was discovered thanks to a drilling campaign in the Medynsko-Varandeysky area. “During the tests, a free flow of oil was obtained with a maximum flow rate of 220 cubic meters a day,” the company’s statement read on Wednesday, noting that the “oil is light, low-sulfur, low viscosity.”
Rosneft noted that the exploration works in the waters of the Pechora Sea proved the “significant oil potential of the Timan-Pechora province on the shelf and became the basis for continuing the study and development of the region.”
The company reportedly controls a total of 28 offshore licenses in the Arctic, eight of them in the Pechora Sea.