Vladimir Putin has chaired a meeting in Severodvinsk on the development of the oil and gas sector of the Russian Federation
11 july 2008
Vladimir Putin
At a meeting in Severodvinsk on the development of the oil and gas sector of the Russian Federation
Participants:
"Obviously the Russian oil industry, and indeed the gas industry, has approached a serious watershed. The potential for growth provided by former reserves and technologies has actually been exhausted.
The future can be assured only by a serious effort at retrofitting current centers and the formation of new strategic oil and gas extraction centers. I mean Yamal, Eastern Siberia, the Timano-Pechora province. And of course, the future belongs to the development of vast offshore reserves".
The future can be assured only by a serious effort at retrofitting current centers and the formation of new strategic oil and gas extraction centers. I mean Yamal, Eastern Siberia, the Timano-Pechora province. And of course, the future belongs to the development of vast offshore reserves".
Vladimir Putin has chaired a meeting in Severodvinsk on the development of the oil and gas sector of the Russian Federation - part 1
