03.06.2026, 10:07
The share of hard-to-recover oil reserves in Russia is named
Source: OREANDA-NEWS
OREANDA-NEWS More than half of Russia's recoverable oil reserves are potentially subject to benefits, and the share of hard-to-recover reserves (TRIZ) in production is already 30 percent. The ratio was named by the head of the Ministry of Natural Resources of the Russian Federation, Alexander Kozlov, as quoted by RIA Novosti.
On the eve of the St. Petersburg International Economic Forum (SPIEF), the head of the department revealed that Rosnedra monitors hard-to-recover hydrocarbon reserves every year.
"Now more than half of the 17.4 billion tons of recoverable oil reserves in Russia, listed on the state balance sheet, are potentially eligible. The share of TRIZ in the production structure is 30 percent, and it will only grow solely due to state support measures, primarily tax ones," he explained.
Earlier, Deputy Finance Minister Alexei Sazanov said that oil companies are trying to obtain benefits for the development of TRIZ, but their approval is possible no earlier than 2028. At the same time, experts warn that without increased investment in this area, Russia will face a drop in production.
According to the Ministry of Natural Resources and Environment, by now more than 50 percent of all recoverable oil reserves in Russia belong to TRIZ. Two years ago, Deputy Prime Minister Alexander Novak noted that they account for about a third of all oil production in the country. Andrey Polishchuk, a senior analyst at Euler, believes that high inflation will force almost all companies to increase capital investments, because otherwise, with an increase in production costs, they will have to lose market share.
On the eve of the St. Petersburg International Economic Forum (SPIEF), the head of the department revealed that Rosnedra monitors hard-to-recover hydrocarbon reserves every year.
"Now more than half of the 17.4 billion tons of recoverable oil reserves in Russia, listed on the state balance sheet, are potentially eligible. The share of TRIZ in the production structure is 30 percent, and it will only grow solely due to state support measures, primarily tax ones," he explained.
Earlier, Deputy Finance Minister Alexei Sazanov said that oil companies are trying to obtain benefits for the development of TRIZ, but their approval is possible no earlier than 2028. At the same time, experts warn that without increased investment in this area, Russia will face a drop in production.
According to the Ministry of Natural Resources and Environment, by now more than 50 percent of all recoverable oil reserves in Russia belong to TRIZ. Two years ago, Deputy Prime Minister Alexander Novak noted that they account for about a third of all oil production in the country. Andrey Polishchuk, a senior analyst at Euler, believes that high inflation will force almost all companies to increase capital investments, because otherwise, with an increase in production costs, they will have to lose market share.
Комментарии