March 1, 2018 / 10:13 AM / 2 years ago

Putin says Russia needs new technology to prospect for Arctic oil

Russian President Vladimir Putin addresses the Federal Assembly, including the State Duma parliamentarians, members of the Federation Council, regional governors and other high-ranking officials, in Moscow, Russia March 1, 2018. REUTERS/Maxim Shemetov

MOSCOW (Reuters) - Russian President Vladimir Putin said on Thursday that Russia needed to develop new technology to prospect for offshore oil and gas in the Arctic.

Reporting by Andrey Ostroukh and Polina Ivanova; Writing by Maria Tsvetkova; Editing by Andrew Osborn

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