Russia May Stop Building Pipeline to Pacific if Oil Reserves Low
Date: Friday, April 29 @ 08:13:10 PDT
Topic: Geology; Reserves; Oil Fields
Russia may stop building a trans-Siberian pipeline to deliver oil to its Pacific coast as sought by Japan, if a three-year geological survey finds crude reserves to be insufficient, Interfax news agency said Wednesday, quoting a Russian energy official.
Anatoly Yanovsky, head of the Industry and Energy Ministry's fuel energy department, was quoted as saying no decision is likely to be made on additional investments if the survey for the so-called Pacific route pipeline does not bear fruit.
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