Russia invites BRICS partners to join country’s massive Arctic oil & gas projects

Russia’s Minister of Energy

Russia’s Minister of Energy Alexander Novak has invited fellow BRICS member countries to participate in Russia’s energy development projects in the Arctic.

Novak said hydrocarbon reserves in the Russian Arctic are estimated at 7.33 billion metric tons of oil and 50.45 trillion cubic meters of natural gas. That is 24.7 percent and 72.1 percent of Russia’s total recoverable reserves, respectively.

Continue reading https://on.rt.com/astp