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Prospects and Issues Related to the Development of Oil and Gas Deposits in the Arctic
8 April 2019

As oil and gas resources in traditional production regions start to dwindle, the Arctic will increasingly be viewed as one of the main places to replenish hydrocarbon reserves for the globe. Correspondingly, Arctic nations will display ever-increasing interest in developing the region. Russia possesses enormous potential to replenish its hydrocarbon reserves and resources through developing offshore fields in the Arctic. However, in order to unlock this potential, the government needs to put in place a judicious and carefully considered policy, as well as a programme to encourage extraction companies to invest.

International Arctic Forum
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Congress Centre, Conference hall D1
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