Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

"Gazprom Proposes To Develop Crimea’s Oil And Gas"

"Gazprom has requested permission from the Crimean authorities to develop oil and gas fields, Crimea's first Deputy Prime Minister Rustam Temirgaliev said Tuesday.

"Of course, Gazprom was the first to approach us with a proposal," RIA news quotes Temirgaliev.

The Crimea is one of the largest regions in the Black Sea in terms of production of oil and gas. 'It extracts now about 1.5 billion cubic meters of gas a year" Temirgaliev remarked. In 2013 production increased by 40 percent due to the opening up of the Odessa and Stormovoe fields on a shelf of the Black Sea."

RT (a news service controlled by the Russian government) had the story March 18, 2014.

SEE ALSO:

"Biden Warns Russia About More Sanctions, But Not US 'Energy Weapon'" (Christian Science Monitor)

"Why ExxonMobil's Partnerships With Russia's Rosneft Challenge the Narrative of U.S. Exports As Energy Weapon" (DeSmogBlog)

"Crimea Eyes Energy Firm Privatisation, Possible Sale To Russia -- Report" (Reuters)

Source: RT, 03/19/2014