Potential of Pacific frontiers of former Soviet oil, gas empire
- World Energy Analysis and Forecasting Group, Moscow (Russian Federation)
The poorly explored and mostly undeveloped hydrocarbon resources of the Russian Far East (RFE) are large enough to support several large scale projects, with an aggregate exportable surplus of as much as 30 billion cu m/year of gas. However, implementation of these new development projects will depend heavily on invited foreign participation. At the same time, the relatively high investment risks and questionable profitability of these megadollar schemes, which require sizable discoveries to pay off, are likely to delay the envisaged projects which will hardly yield by the year 2000 more than 10 bcm of Russian gas for export. The RFE hydrocarbon resource base is made up of fields located mainly on or near Sakhalin Island, including shelf areas of the Sea of Okhotsk, and in central and southwestern Yakutia. The paper describes existing oil and natural gas fields, current development and production, and forecasts future production.
- OSTI ID:
- 7031741
- Journal Information:
- Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 92:17; ISSN OIGJAV; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020200 -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200* -- Natural Gas-- Reserves
Geology
& Exploration
EASTERN EUROPE
EUROPE
FORECASTING
GEOLOGIC DEPOSITS
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS FIELDS
OIL FIELDS
PETROLEUM DEPOSITS
RESOURCE DEVELOPMENT
RESOURCE POTENTIAL
RESOURCES
RUSSIAN FEDERATION