Rosneft has discovered oil in a new field in Western Siberia, with reserves estimated at 20 million tons of crude oil (146.6 million barrels) and some 1 billion cubic meters of natural gas, the company said . The discovery will help Rosneft fulfill its reserve replacement program, which aims at a replacement rate of 100 percent. The Novoognennoye field is the fourth new oil field discovered as part of the Vankor project, which is exploring for oil and gas in the northern part of the Krasnoyarsk territory and the Yamal-Nenets autonomous district. Since the launch of the project in 2009, its resource potential has doubled, with crude oil reserves increasing by 20 percent and natural gas reserves rising by 54 percent, Rosneft also said. The state-owned energy giant is the largest oil producer in Russia, accounting for as much as 40 percent of the country‚Äôs total oil production and […]