Baykit Arch

Commentary

Russia has become a pariah state following its invasion of the Ukraine, meaning that there is little faith that the rule of law will be upheld. While there will be excellent returns from investing once this is remedied, there is little to be gained when comparison is made with other jurisdictions.

Updated

January 30, 2024

Location

Description

The BAB and surrounding basins, are interpreted to have originated as rifted passive margin basins, which controlled the distribution of upper Proterozoic source rocks, as well as the oil and gas resources. The rifted-passive margin basins underwent compression and deformation during the late Proterozoic (Baikalian orogeny) by collision of continental blocks with the Siberian craton and again during the late Palaeozoic (Hercynian orogeny) by collision of the Kazakh, Siberian, and Eurasian continents.

Summary

Located in central Russia, access to the basin has been difficult at times due to its remoteness. However, improving regional infrastructure is improving access.