"We produce 99% of platinum group metals, 100% of nickel, 99% of apatite ores, and 100% of rare earth metals in the Arctic. Gas accounts for 83%, and oil for 10% of Russia's total production. And if we look at the proven gas reserves in the Arctic zone, they allow us to produce gas at 2021 levels for over 80 years, and oil for 130 years," Gabbasov said.
During the meeting, the speaker outlined the key features of Russia's state policy in the high latitudes:
- Federal Law No. 193-FZ has become an important support instrument: the entire Arctic zone is designated as a single preferential regime for business, making it the largest preferential zone in the world. Businesses are implementing new investment projects within the Arctic Zone of the Russian Federation under agreements with the Far East and Arctic Development Corporation (FEDC).
- The Trans-Arctic Transport Corridor and the Northern Sea Route are among the strategic development drivers: by 2030, they plan to transport 70–110 million tons of cargo.
Nineteen key communities have been identified to focus efforts: 516 activities are planned by 2035, with a total funding of 2.9 trillion rubles. Master plans have been prepared for each community, considering the views of residents.
Marat Gabbasov devoted a separate section of his speech to measures to attract residents and improve the quality of life in the Arctic.
