Yamal received the world fame for its unique reserves of natural resources
10:27 10 декабря 2014
Категории: News in English
Yamal-Nenets Autonomous Okrug was formed on the 10th of December of 1930. From Nenets language «Yamal» is translated as «the Edge of the Earth».
Yamal-Nenets Autonomous Okrug is one of not so many territories in the world, where traditional way of life activity of indigenous population was preserved practically in its original form. It is not only valuable contribution to Russian and world culture but also unique tourist sightseeing.
Yamal received its world fame for its unique reserves of natural resources. The total initial resources of the region are evaluated in 147 trillion and 300 milliard cubic meters on gas and about 23 milliard tons on oil and condensate. 16 trillion cubic meters of gas were extracted during the whole period of time of extraction. Today the region provides extraction of 14 percent of liquid hydrocarbons and more than 90 percent of gas of Russia.
As the press-service of the governor of Yamal informs, for progress achieved in economic and cultural activity the region was awarded with the Order of the Red Banner of Labor in 1971, and with the Order of Friendship of Peoples – in 1972.