Arctic projects of Russia arouse interest of foreign investors

Foreign partners express big interest to arctic projects of Russia. It was stated by Prime Minister Dmitry Medvedev at the conference on development of the Arctic being held in Yamal, Sabetta.

“Today on the ceremony of the launch, when “Yamal LNG” reached project capacity, they once again confirmed that they were interested to be busy with this work. There was nothing here several years ago, as it is known, except explored extractive fields of Tambey group. And, that is all. And reindeer were walking here. Now it is a colossal object”, as Prime Minister noted.

According to his words, a share of Russia on the world LNG market makes about 4% now. The ambitious aim is set: by 2035 to reach 15-20% of this market, as the press service of the government of Russia informs.

“As representatives of our business, who are busy with this work, tell, in a case if we successfully implement our two projects in the sphere of LNG – “Yamal LNG” and “Arctic LNG 2”, just foreign currency allocations to our country will make more than 30 milliard dollars per year. This is considerable money for our country”, Dmitry Medvedev said.

As he notes, in order to use the richest arctic fields it is necessary more actively to develop transportation system. Not only to built port terminals but in parallel to create pipelines, railroad lines, to develop air transport.