The quality of the Russian Export Blend Crude Oil is
standard and more economical and better than the Middle East Oil.
light crude oil, Russian Blend
Crude Oil reserves are probably in the range of 90-105 billion barrels.
These reserves will be capable of sustaining an additional 35%
over current levels for an extended period.
Russian Crude Oil reserves allow significant increase from
current production and will assume an increasing importance.
REBCO is found
in an oil field in the adjacent area, thick sedimentary basins with all elements
for hydrocarbon accumulation in Arctic and Pacific basins. Russia , a major
world oil producer, has seven major basins, each equal to or larger than the
gulf of Mexico and North Sea .
