Alexander Sutyagin

British Petroleum states that Russian oil reserves equal to 60 billion barrels.

Such relatively modest amount leads us to believe that a new Russian law consummated in February 2004 was no coincidence. According to the new law, any information concerning oil reserves in the country is in fact State secret.

Such relatively modest amount leads us to believe that a new Russian law consummated in February 2004 was no coincidence. According to the new law, any information concerning oil reserves in the country is in fact State secret. Actual oil and gas reserves in Russia turned out to be not quite as big as the Russian elite had envisioned them. Taking into account today’s export tempo of oil products, Russia could soon begin importing oil.