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Private companies will be allowed into the Arctic until 2035 - EastRussia | Far East

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Private companies will allow in the Arctic until 2035 year

Private companies will allow in the Arctic until 2035 year
Photo: pixabay.com

Private companies will allow the development of the Russian shelf of the Arctic until 2035. Such a decision is included in the Energy Strategy project. In this way, the Russian government hopes to accelerate the development of Arctic deposits.

As the RBC, private companies will compete with Gazprom, Rosneft and their subsidiaries. Now they are the only ones who can conduct work on the Russian Arctic shelf. The government noted that admitting competitors would not be without conditions, but with certain reservations.

Earlier, Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District, Yuri Trutnev, announced in a letter to the President that state-owned companies had failed to meet the deadlines for the development of the Arctic shelf. He offered allow foreign and Russian private companies to develop fields according to the Norwegian model.