Enes
Moscow
WINNER OF THE RF MINSTROY MEDIA COMPETITION 2016
Go to mobile
All news

ARCHIVE NEWS

«    August 2017    »
MonTueWedThuFriSatSun
 123456
78910111213
14151617181920
21222324252627
28293031 

Russian Minister determines investment potential in Arctic energy sector

logo russianconstruction.com
Russian Minister determines investment potential in Arctic energy sector

Over the next 20 years, the potential of investments in the Arctic energy sector will amount to $400-600 billion, the head of the Energy Ministry of Russia, Alexander Novak, told reporters.

“Since the potential is large, the amount of investment that will be spend within the next 20 years totals about $400-600 billion, which is needed for projects implementation,” Russian Minister said.

In addition, Alexander Novak highly appreciated the prospects of development of energy industry in the Arctic.

“Energy development on the Arctic shelf is a strategic goal, because oil and gas production center is shifting to the Arctic regions as traditional fields in the Khanty-Mansiysk autonomous district deplete”, — he stressed.

Related publications

PARTNERS

UP