03:47 GMT +311 December 2019
Listen Live
    North Pole expedition

    Northern Sea Route Development Project Confirmed

    © Sputnik / Alexey Filippov
    Russia
    Get short URL
    0 174
    Subscribe

    Russian Prime Minister has confirmed a plan for the Northern Sea Route project development.

    GORKI (Sputnik) –  Russian Prime Minister Dmitry Medvedev has approved documents for developing the Northern Sea Route project that would open a shipping route through the Arctic.

    “I have confirmed a special document for solving the tasks in the project complex of developing the Northern Sea Route,” Medvedev said during a meeting with his deputy prime ministers.

    Medvedev said the Northern Sea Route is the shortest marine route that links Europe with Russia’s Far East, the Asia-Pacific region and the western part of North America.

    “It should be acknowledged that [the route] so far isn’t being used so well. It was used much more before. It should work for realizing our unique transportation and logistical advantages, bring money into the budget, and, naturally, open the path to energy resource reserves in the Arctic, Siberia, and in the Far East; therefore, this task is extremely important,” Medvedev added.

    Related:

    Shell to Decommission North Sea Field Due to Oil Prices Crash
    ‘Real Problem' Behind North Sea Oil And Gas Industry Is Not What You Think
    Norway Warns Statoil Against Stalling North Sea Project
    Tags:
    Northern Sea Route project, Dmitry Medvedev, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik