Minister Trutnev in an interview with newspaper Vremya Novostey underlines that foreign investments in the oil and gas sector is in Russia’s interests. –All the world is looking for energy resources, including for alternative [energy], but we [instead] put our fields in the bag and do not give anything to anyone, Trutnev said.
He believes the lower level of exploration and field investments eventually could lead to “serious problems” for Russia. According to new figures from the Ministry of Natural Resources, the level of hydrocarbon exploration has over the last year dropped ten percent, Newsru.com reports.
