Russia’s natural resources far surpass those of US

The country’s Arctic region contains vast undiscovered oil and gas reserves, Rosneft’s Igor Sechin has said The value of Russia’s natural wealth stands at $100 trillion, which is double that of the US, the head of Russian oil major Rosneft, Igor Sechin, said at an economic forum in the United Arab Emirates on Thursday. Sechin described the Arctic as a “treasure trove of natural resources,” not just for Russia but also for the world. According to the Rosneft chief, more than 20% of the planet’s undiscovered oil and natural gas reserves are in the Arctic, while the Russian Arctic contains 80% of those reserves. “Th

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