Billions are invested in the Zvezda yard outside Vladivostok to make it capable of meeting Russia’s growing demand for ice-protected ships and platforms.
The Finnish businessmen who have applied for underwater mining in the area of the projected Nord Stream pipeline say they will drop their plans if Russia returns Karelia to Finland.
Three months of repairs and maintenance at a cost of 150 million EUR, was going to put an end to production problems at the Snøhvit LNG-plant in northern Norway. However, new problems have appeared and start up is postponed with another two weeks.
A new Federal nuclear technology program will assure the development of environmental-friendly nuclear power plants, according to a statement made by Russia’s Prime Minister on Thursday.
The Novatek company plans to complete the construction of a LNG plant in the Yamal Peninsula in year 2018. That might result in a shipping boom along the Northern Sea Route.
-The unsettled border did not allow us to engage in grand energy projects in the Barents Sea, President Dmitry Medvedev said in yesterday’s press conference in Murmansk. Now, with the delimitation of the Arctic waters, the road lies open for Russian-Norwegian joint ventures in the area.
