Russia and Japan are discussing a new concept of cooperation in the Far East and the Arctic. The document proposed by the Japanese side has been scrutinized by Minister for the Development of the Russian Far East and Arctic Alexei Chekunkov and Japan’s Ambassador Extraordinary and Plenipotentiary to Russia Toyohisa Kozuki.

The Government of Norway is preparing to issue licenses for oil and gas prospecting operations in little-studied Arctic areas.

The x international forum "Arctic: present and future", which participants will discuss the development of the Arctic zone of Russia, opened on Thursday in St. Petersburg at the Expoforum Convention and exhibition center. In 2020, due to the pandemic, the forum events will be held in person with all the necessary anti-epidemic measures, and some speakers will speak remotely.
The forum will be held from December 10 to 12. It is organized by the interregional public organization "Association of polar explorers" with the support and participation of the Federation Council and the state Duma, as well as the State Commission for the development of the Arctic.
The forum will be attended by a delegation of the Russian Navy, the Department of information and mass communications of the Russian defense Ministry told reporters on Thursday. According to the Department, the Navy is actively developing its infrastructure in the Arctic and is involved in solving issues of the Arctic recent years, the volume of comprehensive Oceanographic research in the Arctic has doubled.
"In total, 28 business events will be held on the sidelines of the forum in full-time and part-time format. The discussion agenda will reflect the goals and main directions of Russia's state policy in the Arctic for the period up to 2035, strategies for the development of the Arctic zone of the Russian Federation and ensuring national security for the period up to 2035, and key documents that were approved this year, " the forum organizers said.
The forum program includes events where experts will discuss the development of cargo transportation infrastructure along the Northern sea route, fundamental Arctic research, the introduction of digital technologies in the development of the Northern territories, the formation of a support system for entrepreneurs in the Arctic, and other topics.
The forum will host an exhibition with an area of about 2 thousand square meters, where Arctic regions and Russian companies will present their achievements, projects and technologies.

The State Commission on Reserves has entered a new gas deposit in the Arctic into its register. The deposit’s natural gas reserves are estimated at 800 billion cubic meters.

The deposit, located in the Kara Sea, has already been named after Marshall Georgy Zhukov.

While exploring the new deposit, Rosneft bored a well 1.6 kilometers deep. Rosneftexperts believe that the gas field can be put in a “unique” category under the current reserves classification system.

The company stated that the Marshall Zhukov deposit is close to the Pobeda field, which is rich in both natural gas and oil. The two fields are located in the East-Prinovozemelsky1 area, where prospecting has been underway since 2014.

Plans to develop a gas chemical facility in the Yamal-Nenets Autonomous Area have been discussed at a meeting chaired by President Vladimir Putin.

According to Deputy Prime Minister Alexander Novak, the huge gas chemical cluster in Yamal will help attract more than 2 trillion rubles in investment and create 20,000 new jobs. Non-commodity and non-energy exports will grow by 125 billion rubles a year.

“The regional economy’s growth and diversification and new jobs are the main goals that we set for ourselves today. New industries cannot be developed in the region without also building up the local infrastructure, including railway, and we are consistently working on that. New tax incentives now being considered at the federal level should become a significant help in the implementation of large resource processing projects in our region,” Yamal Governor Dmitry Artyukhov said.

The head of the region added that the practical stage of project implementation is planned for 2021.

The investment project envisages the construction of new gas refining and gas chemical facilities. Earlier, representatives of the Yamal-Nenets Autonomous Area were included in a working group at the Ministry of Energy to develop gas chemical and gas production facilities on the Yamal Peninsula.

Russian Prime Minister Mikhail Mishustin instructed the ministries (the Ministry of natural resources, the Ministry of economic development, the Ministry of Finance and the Ministry of energy) to submit tax incentives for exploration in the Russian Arctic by mid-December. The list of instructions is published on the website of the Cabinet of Ministers.

According to the document, the ministries must submit to the Cabinet of Ministers by December 14, 2020 "agreed proposals for tax incentives for subsoil users to conduct geological exploration in the Arctic of the Russian Federation".

By December 18, they were also instructed to form proposals to increase the program of complex geological and geophysical work on the continental shelf of the Arctic and far Eastern seas until 2025 to reproduce hydrocarbon reserves. The agencies will have to determine the sources of funding for additional work in 2021-2025, including at the expense of potential subsoil users

Earlier, the Prime Minister said that the Cabinet of Ministers is preparing a program for the provision of land plots "Arctic hectare "by analogy with the program"far Eastern hectare". The Prime Minister noted that obtaining land in the far East under the profile program was in demand. According to the calculations of the presidential envoy to the far Eastern Federal district Yuri Trutnev, the process of obtaining a hectare in the far Eastern Federal district takes 32 days, Mishustin said.

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