The strategic nuclear Delta-IV class submarine K-18 “Kareliya” has been launched after modernizations at the Zvezdochka ship yard in Severodvinsk, Arkhangelsk Oblast. The modernization has prolonged the submarine’s lifetime with approximately ten years and improved its tactical and technical performance considerably.
Lukoil’s regional subsidiary Lukoil-Komi has this year invested 24 billion RUB in the Timan-Pechora province and increased production to 13 million tons. By 2015, the company intends to produce an annual 15,5 million tons of oil in the region.
The new EU Communication on the Arctic highlights the need for enhanced international cooperation in the Arctic. However, the paper hardly mentions Russia, the by far biggest of the union’s Arctic neighbours.
Norway did not want to buy Sweden’s Jas Gripen fighter jets. One of the reasons is that the aircraft was crushed in virtual tests against the Russian Sukhoi PAK FA, a fifth-generation fighter developed by Russia, India and Brazil.
In a working meeting in Gazprom’s Moscow headquarters yesterday, Gazprom leader Aleksey Miller and StatoilHydro CEO Helge Lund gave a positive evaluation of the work done by their joint Shtokman Development AG.
The deep financial crisis at Iceland might make the country apply for EU membership. At the same time, the strategically located island continues negotiations with Russia over a major loan.
Finland plans to spend 20 million EUR on joint projects with Russia in 2009. This week a Russian-Finnish intergovernmental group on cross-border cooperation listed priorities for the period 2009-2011.
Russian geologists believe there is a good chances of finding oil and gas outside the coast of Spitsbergen in the Arctic. However, Norwegian authorities are unlikely to allow such activity.
The crisis in the forestry processing industry in the Republic of Karelia will have wide-reaching social and economic consequences, the regional government admits.
When police in Murmansk suspected that the trawler “Sever” had been engaged in illegal catch, the trawler captain decided to sink the vessel in order to conceal irregularities.
A battle over the resource management of the Norwegian Sea is on the agenda this weekend. The Norwegian Ministry of Environment is about to present a new management plan for the area, which will outline regulations for fisheries, petroleum, ship traffic and energy.
The Russian nuclear industry sees the Arctic shelf as its new growth market. It now suggests the construction of nuclear-powered underwater drilling ships, as well as using nuclear-powered icebreakers and floating nuclear power plants in the development of offshore hydrocarbon projects.
The Russian federal government intends to stimulate the most successful Russian region with additional bonus transfers. This year, a total of 2 billion RUB will be distributed among the top 20 regions.