Assessment is based on determining the potential revenues from the exploitation of resources.
The Ministry of natural resources and ecology of the Russian Federation for the first time appreciated in value terms, mineral reserves in the country.
The first assessment given at the end of 2017:
The cost of the oil reserves of 39.6 trillion rubles;
the cost of gas – 11,3 trillion roubles;
coking coal – almost 2 trillion rubles.
Also the Ministry of environment has estimated reserves:
iron ore – 808 billion;
diamond – 505 billion rubles;
gold – in 480 billion.
The total value of all mineral and energy resources (oil, gas, gold, copper, iron ore, coal and lignite, and diamonds) amounted to 55.2 trillion, or 60% of GDP in 2017.
In physical terms by the end of 2017 Ministry of environment appreciated:
oil reserves – 9.04 billion tons;
gas – 14.47 trillion cubic meters;
gold – 1407 t;
diamond – 375 million metric carats.
The object of evaluation are the reserves estimated in the context of the subsoil, on which in due course issued a license for subsoil use.
For comparison, according to the British BP, the proven oil reserves in Russia at the end of 2017 amounted to 14.5 billion tons and natural gas of 35 trillion cubic meters Reserves of gold in the depths of Russia, according to the U.S. Geological survey, was at the end of 2017 5500 T.
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