On December 2018, a new working paper written by Nina Poussenkova was published in the book "The Arctic in World Affairs: a North Dialogue 2030 and Beyond: Pathways to the Future". The paper discusses the Arctic Region which subsurface probably contains up to 25% of the undiscovered world hydrocarbon resources in the context of Russian domestic oil policy. The author concludes that right now Russia is not ready yet for an environmentally sustainable Arctic offshore oil production. However, Russian oil companies have enough time to develop relevant competencies and skills.
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