Business tycoon Maksim Vorobyov and his Russian Aquaculture acquires Villa Smolt AS, a Norwegian company with license to produce an annual 5 million young salmon and trout fish.
The country’s Ministry of Economic Development wanted 209 billion rubles (€3.1 billion) for the new national Arctic Program. It might get only 12 billion (€177 million).
It will look at possible economic benefits and be made in cooperation with Norwegian transport authorities, says Finnish Transport and Communications Minister Anne Berner.
The Kayak well in the Barents Sea is believed to hold up to 50 million barrels. The discovery can possibly be connected to the development of the nearby Johan Castberg field.
Locals say they saw flames and smoke as a major bubble of methane blasted below the surface and created another sinkhole in the Russian Arctic peninsula.
Atle is journalist and Publisher of the Independent Barents Observer.
In 2002, he founded the Barents Observer. He was editor until 2009 and later worked as journalist and project coordinator for several European cross-border cooperation projects. In late 2015, following a conflict over editorial rights, he re-established the Barents Observer as an independent and non-profit stock company along with the rest of the newspaper crew.
Atle has a degree in Russian studies from the University of Oslo and studied journalism at the Moscow State University.