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Russia will be financing the development of the Artic
continental shelf and the economy of the local areas with more than
US$2.75 billion (160 billion rubles) by 2025, Russia’s Prime
Minister Dmitry Medvedev said at a cabinet meeting on Thursday.
  Russia’s program for Arctic development rests on three
pillars—boosting economic growth, developing sea infrastructure,
and developing the continental shelf with modern technology and
equipment, Medvedev said. Neither sanctions nor low oil prices are
deterring Russia’s ambitions…

Russia will be financing the development of the Artic
continental shelf and the economy of the local areas with more than
US$2.75 billion (160 billion rubles) by 2025, Russia’s Prime
Minister Dmitry Medvedev said at a cabinet meeting on Thursday.
  Russia’s program for Arctic development rests on three
pillars—boosting economic growth, developing sea infrastructure,
and developing the continental shelf with modern technology and
equipment, Medvedev said. Neither sanctions nor low oil prices are
deterring Russia’s ambitions…

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