North Ossetia began to produce its own oil on a commercial scale

The only North Ossetian oil company "Alania-Oil" for the first time in the history of the republic has begun today for oil production on an industrial scale.
As the CEO of the company Vladimir Gutiev, the quality of the Ossetian oil in reference brand Brent. According to RIA Novosti, he also added that, as the company completed the cycle, "Alania-Oil" is to get the oil to process into high-grade fuel for the internal market in North Ossetia.

Today, the company is developing three oil fields in the territory of the republic — A. Korinskiy, Ahlovskogo and Zamankulskogo. According to experts, the total recoverable oil reserves of these fields, more than 10 million tons, and with promising reserves that require further exploration, more than 25 million tonnes this 5 million tons and accounted for Ahlovskoe Zamankulskoe field. Extracting oil today started on the latter field, the volumes are more than a thousand barrels a day. It is planned in two years to increase the volume of production of raw materials up to 1 million barrels a year.

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