Английский язык. Любинская Н.А - 15 стр.

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Follow-up

VIII. Summarize the text.



                                       UNIT 5

FOREIGNERS BANNED FROM DEVELOPING RUSSIA’S RICH NATURAL

Lead-in

!. Read the sentences and guess whether they are true or false.

1. East Siberia and Yakutia make up the most-developed oil and gas basin in Russia.
2. Russia is not the only country that prefers to develop its natural resources on its
   own.

Reading

II. Read the text, divide it into logical parts and give suitable headings to them.

                                        TEXT

       It was announced that Russian Ministry of Natural Resources will auction off
thirty-eight oil and gas deposits in Eastern Siberia. The deposits mentioned in the list
are located in the Irkutsk and Krasnoyarsk regions and in the republics of Yakutia
and Evenkia. Among the deposits that will be auctioned off is the Chayandinskoye oil
and gas field in Yakutia with recoverable reserves of 1.24 billion cubic meters of
natural gas and 50 million tons of oil. Such reserves makes this field one of Russia’s
and the world largest. The starting price for the Chayandinskoye field alone, analysts
say, will be at least $100 million, with another several billion dollars in required in-
vestment. However, investors are expected to seek discounts given the remote loca-
tion of the site.
       East Siberia and Yakutia make up the least-developed oil and gas basin in
Russia. The Natural Resources Ministry says recoverable reserves in this area
amount to 1.7 trillion cubic meters of natural gas and 230 million tons of oil, with the
estimated resources of 45.9 billion tons of fuel equivalent. Most of the deposits are
largely underdeveloped and would need serious investment efforts from the winners
of the license auctions.
       Though officials have promised a fair competition, experts say that Surgut-
neftegaz, TNK-BP, and natural gas monopoly Gazprom are the frontrunners in the
race for East Siberian fields. All three majors want to bid in the auction. Gazprom
press secretary Sergei Kupriyanov says the joint development of the Chayandinskoye
field has been negotiated with Rosneft and Surgutneftegaz. When the auctions was