In the Federation Council doubted the forecast of a Saudi Prince of oil in Russia

© RIA Novosti / Vitaly to Timepiece in fotosannette the machine-rocking. Archival photoIn the Federation Council doubted the forecast of a Saudi Prince of oil in Russia© RIA Novosti / Vitaly to Timepiece the image Bank

The crown Prince of Saudi Arabia Mohammed bin Salman al-Saud that in Russia in 19 years may be very reduced or even stops oil production is puzzling, for the current market, this forecast is not expected to have any impact, told RIA Novosti on Saturday the first Deputy head of the economic Committee of the Federation Council Sergei Kalashnikov.

According to the crown Prince of Saudi Arabia, in the future, many countries-oil exporters, including Russia and China, leave the market. While most Arab countries in this respect, there are no risks, he said.

«I don’t know what justified this forecast. In Russia a large percentage of unconfirmed oil reserves,» — said Kalashnikov.

He agreed that worldwide less explored fields, but they are replaced by other fuels, including shale oil.

Kalashnikov noted that Saudi Arabia has more «light» oil, unlike Russia, the cost of production of one barrel of oil is much lower.

«Saudi Arabia has good prospects, but its oil fields are declining», he added.

The legislator is confident that the statement «will not have any impact on the current oil market».

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