Quotes About Bazhenov

But with the new sanctions, the Western companies had to drop out. As the Russian engineer observed, Western companies were "afraid to touch the Bazhenov as if it were a fire."9

the sanctions probably have set back the Bazhenov development by half a decade or more. But in an era of oversupply and extensive conventional opportunity in Russia, such a delay is not such a bad thing from Russia's own point of view.

Also targeted was shale oil and Russia's immense nonconventional resources, including the huge Bazhenov formation, under the West Siberian basin. Whatever the potential, for a long time there was no technology with which to successfully produce from that complex geology.