The Russian state generosity for Rosneft and Gazprom seems to have no limits, at least not on the Arctic shelf. The Federal Mineral Agency (Rosnedra) now approves Rosneft’s application for another 12 offshore licenses in the area, RBC Daily reports. In addition, as recently reported by BarentsObserver, Rosneft last month got another two licenses.
At the same time, Rosnedra last week informed that it had received an application from Gazprom for license rights to another 17 new blocks in the Barents Sea and the Kara Sea, an agency press release informs.
IInstead of opening the shelf for private companies, as originally proposed by the Ministry of Natural Resources, it is likely to continue the current regime only with minor adjustments. According to today’s legislation, only state-controlled companies with at least five years of offshore experiences are allowed to operate Arctic shelf projects.
With the many new field licenses granted to Rosneft and Gazprom, the number of prospective offshore waters left are rapidly shrinking, leaving limited opportunities for private companies like Lukoil to take on shelf engagements. “There will simply be no prospective areas left”, an analyst told newspaper Kommersant.
The 12 new Arctic licenses of Rosneft have total resources estimated to 29 billion oil equivalents and are located in widely different parts of the Russian Arctic, including the Pechora Sea, Kara Sea, East-Siberian Sea, Chukchi Sea and Laptev Sea. The new licenses bring the company’s total number of offshore Arctic fields to 28 and the total resources to about 190 billion tons of oil equivalents. Arctic offshore resources now account for up to 90 percent of the company’s perspective reserves, RBC.ru reports.
Also for Gazprom, the additional 17 licenses will further boost the weight of offshore fields in the company’s reserves portefolio. From before, Gazprom has offshore reserves estimated to about 5,3 trillion cubic meters of gas, as well as 73,9 million tons of gas condensate and 47,4 million tons of oil (2010).
Of Gazprom’s 17 new license applications, five are to fields in the Barents Sea (the Demidovskoye, Medvezhee, Ludlovskoye, Ledovoye and Fersmanovskoye fields) and 12 in the Kara Sea (the Yuzhno-Obskoye, Sharapovskoye, Skuratovskoye, Severo-Kharasaveyskoye, Rusanovskoye, Obruchevskoye, Nyarmeyskoye, Leningradskoye, Zapadno-Sharapovskoye, Amderminskoye, Nevskoye and Morskoye fields)
The Murmansk Economic Zone was presented as a miracle cure for regional development and as key facility for the Shtokman project. Today, five years on, regional authorities put their faith in the fish industry.
Renowned Norwegian actress Gørild Mauseth is in the leading role when actors and producers from the Gorky Dramatic Theatre in Vladivostok come to Harstad to present a unique version of Tolsoy’s classic play Anna Karenina.
Nuclear safety projects in the Murmansk region wouldn’t be the same without her contribution. Finnish European Parliament Member Heidi Hautala is today one of 89 Europeans barred from Russia in response to EU sanctions over Crimea and Ukraine.
Since June 2015, distribution of many everyday goods, such as toothpaste and cleaning products, is a complicated case in Russia. New federal regulations on alcohol consumption state that products containing over 0.5 percent alcohol are subject to licensing.
Wistleblower Edward Snowden is winner of this year’s recognized Bjørnson Award, but Norwegian authorities are unlikely to guarantee his safe travel to the award ceremony. The former CIA employee should instead be handed over the award in Pechenga, the Russian borderlands to Norway, a Norwegian university lecturer suggests.