There were no underground oil storages in Russia, but they decided to create them “considered the latest events.”
In Russia, the first underground storage for oil storage was constructed. It is ready for the operation, the Interfax said on Wednesday, May 14th.
“The first received (license -ed.) To create oil storage facilities -in Krasnoyarsk’s territory. There is also such an unusual story. There has never been the latest storage events in the Russian Federation. It has never been burned during the expression and industrial work,” said Nina Eroofeeva, head of geology of oil and water and underground water and undergrounds.
The agency in Russia in the first time thinks about the creation of underground oil storages during the coronavirus pandemia -then the consumption of “black gold” has fallen dramatically. And the discussion received a new cycle in March 2022, against the back of a boycott of Russian raw materials of western countries due to war against Ukraine.
“Russian gas partnership (RST) experts say the optimal reserve volume is 10-20% of the annual production (about 55-100 million tons when calculated by oil production in 2019-ed.). According to their estimates, the creation of such storage from zero requires 10-12 years, if it is considered to message.
Keep in mind that Russian oil revenues remain on the edge of a two -minimum, despite exporting volumes. Four weeks before May 11, the cost of delivery is approximately $ 4.09 billion – the second lowest indicator since April 2023.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.