Russia released data of oil and gas resources growth
Baku/19.02.14/Turan. In 2013 growth of oil resources in Russia totaled 688.3 million tons and gas – 1,093 trillion cub.m., according to the ABC 1 standards, Russian Minister of Natural Resources Sergei Donskoy told journalists.
Ased about growth of resources, he said: “In 2013 in early January we had 688,304,000 tons of oil and 1,093 trillion cub.m. of gas, considering gas caps on the oil fields.”
The Russian Ministry of Natural Resources reported that during the geological exploration works in Russia in 2013 growth of gas resources exceeded the production by 33.2%, while oil and condensate resources exceeded the production by 17.6%. In 2013 the growth of hydrocarbon resources at the expense of geological exploration funded from the state budget totaled 6.2 billion tons of conditonal fuel (growth by 3.3%).
According to the Russian Statistical Committee, in 2013 oil and gas condensate production totaled 523 million tons. Production of natural gas, including associated gas, reached 668 billion cub.m.—0—
Economics
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
-
Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
Leave a review