Russia's Rosneft discovers major new oil deposit on Arctic shelfJune 19, 2017 - 16:18 AMT PanARMENIAN.Net - Russian oil major Rosneft has announced the discovery of a new oil deposit while drilling at Khatanga Bay in the Laptev Sea in the eastern Arctic. The Ministry of Natural Resources says this could be the largest oil deposit on the country’s Arctic shelf, according to RT. “During the drilling of the Tsentralno-Olginskaya-1 well from the shore of the Khara-Tumus Peninsula on the shelf of the Khatanga Bay of the Laptev Sea, three core samples were taken from depths of 2305 to 2363 m, which showed high oil saturation dominated with light oily fractions,” the company said in a statement. The potential of the newly-discovered deposit has yet to be verified, the company said. “On the basis of primary studies, it can be concluded a new oil field has been discovered, the volume of the resource potential of which is increasing as the drilling continues. Core sampling continues at the moment,” a statement from Rosneft said. Russian Minister of Natural Resources Sergey Donskoy congratulated the company on the discovery and said this could be the largest oil deposit in the Russian Arctic. "Now we expect more discoveries from our colleagues. They promise to cheer up the sector soon," Donskoy posted on Facebook. Russia’s largest private oil company – Lukoil – is also operating in Khatanga. Lukoil has been developing the Eastern Taimyr sector. The area’s coastal resources are estimated at 4.5 million tons of oil, 9.3 billion cubic meters of gas and 0.5 million tons of condensate. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Police try to impede Armenian Church head’s access to war memorial Police tried to stop the supreme head of the Armenian Apostolic Church, Catholicos Karekin II, from visiting a war memorial. Greece says ready to help as Armenia fights flooding consequences Greece is ready to assist Armenia in combatting the consequences of deadly floods in the country’s north. “He will leave”: Protest leader no longer demands meeting with Pashinyan Archbishop Bagrat Galstanyan no longer demands a meeting with Armenian Prime Minister Nikol Pashinyan. Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. |