Huge oil deposit in Russian Arctic could open new opportunities for India

The field was discovered due to a drilling campaign in the Medynsko-Varandeysky area. “During the tests, a free flow of oil was obtained with a maximum flow rate of 220 cubic meters a day,” the company’s statement read on Wednesday, noting that the “oil is light, low-sulfur, low viscosity.”

from Energy-Industry-Economic Times https://ift.tt/05QIC1i