Many people pitied the Russian Federation for its ‘resource curse’: its reliance on oil and gas. The feeling was that we couldn’t actually make all that much. <...> But this is the top of the pyramid. These wide-ranging [resource extraction – ed.] projects can create real prosperity – USD 10 billion per year. Let’s not feel uncomfortable about our wealth of resources. On the contrary, let’s capitalize on it as effectively as possible — Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and the Arctic.
Projects to mine coal with special characteristics, amongst a range of others, are no less significant. This is precisely the reason why one can state with absolute certainty that Krasnoyarsk Territory’s prospects for financial prosperity and socioeconomic growth are largely, and perhaps even decisively, connected specifically to the Arctic — Alexander Uss, Governor of Krasnoyarsk Territory.
Norilsk Nickel’s investment programme forms part of the strategy which has been approved to 2030. This means RUB 2.5 trillion. <...> It is an environmental programme which aims to reduce sulphur dioxide emissions, achieve a twofold increase in our production and enrichment capacities, and create new, modern metallurgical production facilities in Norilsk and Murmansk Region. This will result in a 30–40% increase in the production of our metals. And we have every confidence that our metals will be in demand — Sergey Dubovitskiy, Senior Vice President – Head of Strategy and Strategic Project Management, Logistics and Resources, Norilsk Nickel.
The LNG Construction Centre is essentially the world’s first plant dedicated to the production of LNG plants. These are gravity-based constructions which are later transported to hydrocarbon production sites. This helps save time and money, and has a huge effect in terms of environmental protection. <...> Today, the LNG Construction Centre is a focal point for a huge number of contractors and Russian manufacturers of LNG equipment. <...> We work successfully with these companies on localization and import substitution – things which are essential to our projects. Our first project, Yamal LNG, was around 30% localized. Now, we expect our Arctic LNG-2 project to reach 50–60%, and there are plans to replace upwards of 90% of imports with domestic alternatives — Eduard Gudkov, Deputy Chairman of the Management Board, NOVATEK.