POTENTIAL OF PACIFIC FRONTIERS OF FORMER SOVIET OIL, GAS EMPIRE

04/25/1994
Eugene M. KhartukovWorld Energy Analysis & Forecasting GroupMoscow The poorly explored and mostly undeveloped hydrocarbon resources of the Russian Far East (RFE) are large enough to support several large scale projects, with an aggregate exportable surplus of as much as 30 billion cu m/year of gas. However, implementation of these new development projects will depend heavily on invited foreign participation. At the same time, the relatively high investment risks and questionable profitability of these megadollar schemes, which require sizable discoveries to pay off, are likely to delay the envisaged projects which will hardly yield by the year 2000 m...
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