Zinc, Russia Oil and Gas

Natalia Komarova: Ugra to open a window to the Polar Urals

Yugra will open a window to the Ural Mountains, Natalia Komarova, the KhMAD Governor, stated during the Council meeting on the investment activity.
At the meeting the head of the region emphasized that it was time for a new industrialization of the northwest Ugra. The Ural Mountains is a real resource treasury. And it is necessary to unlock its potential for the needs of the Russian and Ugra economy. "We have relied on the development of the Berezovsk area, wide construction of transport and energy networks, the launch of large investment projects. If we speak the language of the historical analogy, we have to open a window to the Polar Urals, - Natalia Komarova stated. - This task is doubly relevant in the current geopolitical and macroeconomic conditions in which our country can unconditionally rely only on our own raw materials and domestic sources of growth".

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More than 40 large hydrocarbon fields in the Arctic are in Russian sector

More than 40 large hydrocarbon deposits in the Arctic are in the Russian sector. And next year, after submission of an application to the United Nations, Russia plans to expand its domain due to the Lomonosov and Mendeleev Ridges.
At the end of last year, Russia received the first batch of Arctic oil. The development of the Arctic shelf began from the development of Prirazlom field. In general, about 60 large deposits of hydrocarbons are in the Arctic, more than 40 of them are located in the Russian sector. Today Russia is now planning to expand its domain due to the Lomonosov and Mendeleev Ridges at the bottom of the Arctic Ocean. The corresponding application is expected to be submitted to the United Nations next year.

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