The development programme, obtained by information agency RBC, states that the powerful state-owned company plans to produce an annual 300,000 tons of oil on the shelf by year 2018 and 69,9 million tons by 2030.
The programme comes as a response to a recent request from the Ministry of Natural Resources, in which the company is told to list its desired offshore fields. According to the programme, Rosneft seeks control over 1,8 million square kilometres of the shelf, both in the Arctic, the Far East and in the Caspian and Black Seas.
Rosneft does not itself comment on the new programme. It is clear however that the company seeks control over 31 offshore fields, several of them in the Barents Sea, the Pechora Sea and the Kara Sea. It is also clear that several of the company’s desired licenses are the same as the ones claimed by Gazprom.
The development programme includes a total of 300 million tons of oil production by 2030, of which up to 129 million tons are to be extracted in the Barents and Pechora Seas, Oilru.com reports with reference to RBC.
The development plans will not come for free. Rosneft intends to drill up to 75 wells and conduct more than 90,000 km of seismic mapping on the shelf. According to experts from the Troika Dialog company, Rosneft will have to invest up to 15 billion USD on exploration and drilling to achieve its goals.
