Russia set to boost geological exploration on the Arctic and Caspian shelves
Russia intends to increase geological exploration and the production of hydrocarbon resources on the continental shelf, in the Arctic zone and in the Caspian Sea in light of the new Naval Doctrine of the Russian Federation, which was approved by Russian President Vladimir Putin.
The document states that these areas should be regulated by the state to ensure Russia's national security.
The new doctrine proposes eliminating administrative barriers that impede the intensive and safe development of marine natural resources, as well as providing support to Russian exporting enterprises.
It notes that a modern oil and gas production complex should be built in the Caspian Sea sector, taking into account environmental safety requirements. To do this, Russia should involve domestic companies in geological exploration. Subsequently, new deposits should be included in the subsea pipeline system.
The doctrine also declares Russia's intention to increase geological exploration to search for cobalt-rich ferromanganese deposits, as well as to build up capacity for the production of liquefied gas and its shipment.
All these measures should help maintain and increase jobs in the field of maritime activities in the Far East and create comfortable living conditions for the population of coastal areas, the document says.