Bernama: The amount of identified hydrocarbon reserves in the Arctic is the world’s third largest after the Persian Gulf and Western Siberia, Russian news agency, Itar-Tass, reported Saturday. To this day, six major oil and gas provinces and two oil and gas fields have been discovered, and the most likely estimate of the initial resources in them is 51 billion tonnes of oil and 87 trillion cubic metres of natural gas, the deputy director of the Institute of Oceanology for geological matters, …