Russia discloses data on oil and gas reserves | Russia Beyond The Headlines

Russia discloses data on oil and gas reserves | Russia Beyond The Headlines:

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Total ABC1 natural gas reserves were 48.8 trillion cubic meters. Source: Press Photo

On July 5, Prime Minister Dmitry Medvedev signed a decree lifting the shroud of secrecy that surrounds Russia’s oil and gas reserve data. Classified since the Soviet era, the numbers have only just been officially published.
Russia’s oil reserves as of January 1, 2012, stood at to 17.8 billion tons under the explored (AB) and estimated (С1) categories, and 10.9 billion tons under the inferred (С2) category.
Total ABC1 natural gas reserves were 48.8 trillion cubic meters (1,700 trillion cubic feet), with С2 reserves at 19.6 trillion cubic meters."

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