Industry and Energy
A new tax regime for the Russian Arctic is to provide for an unprecedented wave of investments in icy drilling.
A 56 km long new power line has been built to Novatek’s major plant on the coast of the Kola Bay.
A third ship for northern waters might be built by the Vyborg Yard outside St.Petersburg.
Vostok Coal is giving up its great Arctic project. The buyer of the vast coal reserves of the Taymyr Peninsula might be state nuclear power company Rosatom.
Russian oil and gas regulators are liberalizing procedures for oil extraction along the country’s remote northern coasts.
Gazprom intends to produce millions of tons of plastics in the Arctic.
Sailing under the ice north of Siberia is cheaper than crushing through, a concept study concludes.
Natural gas company Novatek might not get the state support it needs for new major infrastructure projects in the Arctic.
Protests from the indigenous Sami people, local fishermen and environmental groups were turned down by the government.
A total of 15 top ice-class carriers are now shuttling to the remote Arctic terminal in the Yamal Peninsula.
The new special purpose vessel will serve the new icebreakers and the floating nuclear power plants and possible other reactor installations
Norwegian oilmen had great hopes for the new and pristine acreage in the Barents Sea, but failed to make discoveries. Russia’s national oil company Rosneft might now seek to take over some of Equinor’s role in the area.
Siste/ mest lest
Five individuals are arrested as U.S authorities crack down on the planned shipment of a new turbine to offshore Arctic platform Prirazlomnaya.
Utilization of stripping gases generated during storage and reloading of LNG will not be practical for gasification of the Murmansk region, according to a new report.
Russia's remote Yamal region might in the course of the next 3 years see its oil and gas production grow with more than a third.
This Arctic beauty spot will remain exactly that; a beauty spot.
State experts approve VostokCoal’s plans to export millions of tons of black rocks from the Taymyr Peninsula, but the grand project might not materialize.
After the floating dock SD-50 sank at Roslyakovo yard north of Murmansk last fall “Sevmorput” now had to sail all around Scandinavia to St. Petersburg to find a dock large enough.
It must be able to carry at least 100,000 tons and sail across the icy waters of the Northern Sea Route, says deputy head of the Russian state nuclear power company.
At 11 am Moscow Times on December 19th, the “Akademik Lomonosov” delivered its first electricity to the grid in Pevek, Arctic Russia.
With new transport technology, salmon sent by rail from northern Norway will still be fresh when arriving in Xi’an about ten days later.
Offshore oil, liquified natural gas and the petrochemical industry will soon benefit from big tax cuts in new Arctic projects.
The «Yuri Kuchiev» is built in Finland, owned by Greek shipper Dynagas and now breaking its way through Arctic ice on its maiden trip to the Russian North.
The company intends to add resources to its Johan Castberg project.
The already 45 years old reactor will continue to run until 2034.
As a new year draws near, regional governor Andrey Chibis comes to the Arctic border town that is threatened by social and economic crisis.
Oligarch Vladimir Potanin now ranks third on Forbes list of wealthiest persons in Russia. He can thank the smelters and mines at the Taimyr- and Kola Peninsula for the boost fortune.
Russia’s new move, going from a quota distribution system based on historical catch to auctions, has generated big revenue to the federal government.
One of the reactors at Bilibino NPP has got permission for another five years despite the nearby new floating nuclear power plant now is in operation.
Up to 1 million tons could be shipped annually to the seaport of Sabetta and from there exported to Southeast Asian countries, the state company believes.
The «Akademik Pashin» can simultaneously provide three vessels with fuels and other goods while sailing at open sea.
In volums, the seafood export corresponds to 25,000 meals per minute, or 36 million meals every day.
The natural gas company has over the last year obtained field licenses in the remote Gydan peninsula with resources sufficient to cover the whole of EU’s current consumption for almost a decade.
Two days after the country officially launched its third biggest oil field ever, the national petroleum directorate presents a bright outlook for Norwegian oil and gas.
The development of the Russian shelf might soon be managed by new state company Rosshelf.
A new study shows that several gas transport options from the Barents Sea, including a new pipeline, could prove profitable with today’s known resources.
