Arctic resource potential is 'substantial'

摘要

According to Infield Systems' first Offshore Arctic oil and gas market report there are over 130bn boe in already discovered oil, gas and condensate reserves in offshore Arctic and sub-Arctic regions. Approximately 114bn boe of this are offshore gas reserves, or 86% of total reserves, and around 16bn barrels are oil reserves. No less than 99bn boe of the reserves are discovered natural gas fields located in the Russian offshore Arctic region (not including the sub-Arctic Sakhalin Island area).