Russia Makes Move On Antarctica’s 513 Billion Barrels Of Oil
Rosgeologia’s seismic surveys and other related work since the 70s to now indicate that there is at least 513 billion barrels of oil and gas equivalent in Antarctica, and Moscow has now set its sights on the world’s most underexplored continent
According to an announcement in the last week, Russia’s state-run geological survey firm, Rosgeologia, undertook a major new seismic survey in the Riiser-Larsen Sea, off the coast of Antarctica’s Queen Maud Land earlier this year. Moreover, Rosgeologia stated unequivocally that it did this 4.400 kilometre survey - the first seismic survey done in the area by Russia since the late 1990s – with the express purpose of ‘assessing the offshore oil and gas potential of the area using the latest technology’