OREANDA-NEWS. Next year 19 perspective fields of the Eastern Siberia will be determined. It will be done within the framework of the program of subsoil exploration and reproduction of resource base of Russia, reported the head of the Federal Subsoil Resources Management Agency (Rosnedra) Aleksey Ledovskikh. "We should fill it by 80 million tons and according to our expectations oil has to be there," he noted.

According to the press service of Transneft, in 2008 investment to geological survey is expected to grow 30-40 per cent. By 2009, the volume of government financing is planned to come to RUR6.5 billion (65% up) as against current year's index of RUR4 billion. Ledovskikh explained that at the meantime, huge finance resources has beenforwarded for investigation of these sites.  
The day before, the Minister of the natural resources Yuriy Trutnev informed on the increase of government financing of geological survey operations. According to an addition, developed for the existing program, investment to geological surveying of subsoil of Russia will be increased 1.5 times. Following approvement of the document by the Russian Federation government, the total volume of government financing will amount to RUR15-16 billion.

According to Ledovskikh, users of subsoil should increase investments for development, which share as of today comes to RUR13 billion. Under Rosnedra's calculation, to reach the planned level companies should invest about RUR25-30 billion annually.

According to Rosnedra, by 2015, production of oil at the eastern Siberia oilfields could reach 36 million tons annually. By 2020, figures should come to 50 million tons annually and then to 80 million tons per year. To run up to the given indexes there need to be prepared industrial reserves.

By 2020, reserves of the industrial category CI should come to 2 billion tons, Ledovskikh summed up. The ministry of natural resources considers it necessary to accelerate development of the Chayandinskoe oil field - one of the major oil fields of Eastern Siberia - with proven reserves of 50 million tons of oil. Initially, development of this site was planned to start in 2016. But, due to the planned launching of the first stage of ESPO pipeline, the Ministry deems it appropriate to shortly put up for sale an oil fringe of the Chanyandinskoe field. The appropriate amendments were sent to the ministry of energy for approving, the expert portal "Eastern oil pipeline" reports.