Chapter 1: Oil and gas resources on the Arctic Continental shelf in Russia

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This Chapter gives a general overview of Russia’s oil and gas industry on the Continental shelves of the Barents, Pechora and Kara seas. The chapter is informational in form and seeks to provide information on oil and gas fields, plans for their development, their infrastructure, and the companies operating on the shelves of these northern seas. The chapter also, to a certain extent discusses Russia’s strategic plans for development of offshore fields in the Russian Arctic, and the development of subsoil regulations in Russia.

This chapter does not account for the environmental impact or risk such a development poses on the fragile arctic nature. For information about the consequences of oil and gas development in these seas, we recommend chapter 3 Environmental risks when extracting and transporting oil and gas and chapter 5 Environmental Impact of oil and gas projects in the Arctic of this report. Furthermore, chapter 4 about accidents and incidents in the Arctic should be of substantial interest for the observant reader. Chapter two will account for transport of oil and gas, as well as future plans for transport of oil and gas from the region. The Chapter contains comments from specialists and legal experts, basic definitions of oil and gas objects, and illustrations.

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