A new major industrial region may be established with the development of the Tomtor rare earth metals deposit and the Popigai impact diamond deposit.
Development and investments
Standard of responsibility
The Ministry for the Development of the Russian Far East will approve the standards of the Russian Federation Arctic zone residents’ responsibility in relations with the indigenous peoples of the North. The government decree, expanding the department’ authority, comes into force on September 9. The document ...
Vostok Oil project estimated at 37 billion barrels
The reserves and potential resources of the Vostok Oil project in the north of the Krasnoyarsk region exceed 37 billion barrels of oil equivalent. This is stated in the materials of Rosneft. The light and low-sulfur crude of the project is superior in quality to Brent ...
Residential complex for Serny Project builders
The builders of the new sulfur recovery plant will be accommodated four people per room in the modern, European-style dormitories. The two-storey houses assembled from insulated panels will have 950 beds in the standard category and 50 ones - in the comfort category. In addition to ...
Germany to take part in Vostok Oil project
The head of Rosneft Igor Sechin discussed the issues of current and future cooperation of Rosneft with German partners with the ambassador extraordinary and plenipotentiary of Germany to Russia Geza Andreas von Gayr. This was reported by Interfax with reference to the company's press office. Also ...
Business to get Arctic resident status
The President of Russia signed a package of federal laws on the system of preferences in the Arctic on July 13. It includes the federal law On State Support for Entrepreneurship in the Arctic Zone of the Russian Federation and amendments to the Tax Code. ...
Arctic needs to be met
51 enterprises of the Northern capital signed contracts for 700 million rubles with eight regions of the Arctic, including the Krasnoyarsk region. This was reported by the St. Petersburg Committee for Arctic Affairs. “The contracts were made based on the results of open tender procedures organized ...
Ice airfields to appear in Russian Arctic
The project was named Site. According to Evgeny Storozhuk, vice-rector for Economics and Innovation of the Bauman Moscow State Technical University, the project is intended for the continental territories of the Arctic Circle and involves the creation of pre-fabricated ice airfields. “We are working with ...
Arctic oil: three scenarios of development
The RF Ministry for the Development of the Russian Far East has prepared a financial and economic justification for a bill on the mining operations on the Arctic shelf liberalization. According to the new concept, both Russian and foreign companies will be able to work ...
Mines upgraded
As part of the Nornickel Polar branch mine surveying service modernization, mining enterprises have received and are successfully using sets of equipment for mobile laser scanning of mine workings. So far, the Mayak, Komsomolsky, Oktyabrsky, Taimyrsky and Skalisty mines have received one set each, but ...