"Drilling of wells (in Russia's Arctic offshore territory) scheduled for 2015 will be delayed to the next year and possibly even longer," Novak told Rossiya-24 state TV in an interview on Thursday. He did not name specific projects.
Sources previously told Reuters that Russian state oil producer Rosneft will be forced to postpone drilling a second well in the Kara Sea for at least two more years, as a result of Western sanctions over the Ukraine crisis.