Regulator To Ask US Experts For Hydrocarbon Reserves Estimate

CIVIL NUCLEAR

Illustration only

by Staff Writers
Moscow (RIA Novosti) May 16, 2007
Russia's mineral resources watchdog said Tuesday it will ask the American Society of Petroleum Engineers (SPE) to provide estimates of Russia's hydrocarbon reserves according to SPE procedures. The Federal Agency for the Management of Mineral Resources said it is primarily interested in estimates of reserves in areas without transport infrastructure.

The regulator said earlier some foreign companies had reported higher hydrocarbon reserves in areas they are licensed to develop, enabling them to avoid their obligations under production sharing agreements and Russian law.

As a result, hydrocarbon fields are not being developed, while company share prices and capitalization are growing, the regulator said earlier.

Vladimir Smolin, deputy head of the service, said certain companies, whose licenses cover over 70% of hydrocarbon reserves, do not fulfill their obligations under the licenses.

Source: RIA Novosti

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

CIVIL NUCLEAR

Japan Sees Advantage Of Nuclear Deal With Russia

Tokyo (AFP) May 14, 2007
Japan sees an interest in striking a nuclear cooperation deal with Russia, which can share valuable technology including fast-breeder reactors, Japan's nuclear chief said Monday. Japan, which has almost no natural energy resources of its own, in February launched talks with Moscow on a nuclear agreement that would include shipping spent fuel to Russia for uranium enrichment.

CIVIL NUCLEAR Russia To Build Nuclear Centre In Sanctions-Hit Myanmar Regulator To Ask US Experts For Hydrocarbon Reserves Estimate Japan Sees Advantage Of Nuclear Deal With Russia Russia Sparks Up Tianwan First Unit	CLIMATE SCIENCE Using Soil To Lock Up Carbon Could Help Offset Global Warming Build Parks To Climate Proof Our Cities Global Warming A Factor In Displacing One Billion By 2050 Britain Appeals To US, China Over Climate Change
FARM NEWS Spud Origin Controversy Solved Decimation Of Bee Colonies Has Various Possible Causes Asia Fears Chinese Greens Netherlands Refuses GM Corn Shipment From US	FLORA AND FAUNA Scientists Equip Bacteria With Custom Chemo-Navigational System Pretoria Development Forces Out Vervet Monkeys An Ancient Bathtub Ring Of Mammoth Fossils Climate Change Impacts Stream Life
ROCKET SCIENCE Orion Ignites The Dreams Of A Rocket Engineer Methane May Allow Rockets To Go Beyond The Fringes Of Space NASA To Build New Stand At Stennis To Test Ares Rocket Engines NAMMO Successfully Launches Hybrid Test Rocket From Andoya	NUCLEAR SPACE
EARTH OBSERVATION ESA Presents The Sharpest Ever Satellite Map Of Earth Transcontinental Wildfire Emissions Monitored From Space Volcanic Eruptions In Kamchatka NASA Satellite Captures Image Of Georgia Wildfires	TECH SPACE The Case For T-SAT Space Tether For Satellite Navigation Sans Rocket Motors And Fuel Microwave Autoclave For Composite Structure Production Is A World First At DLR Designing OPRA Glasses

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement