Energy projects are put on hold and hyped ambitions for the Northern Sea Route increasingly look doomed. At the same time, the country is frozen out of international Arctic cooperation.
The Russian state company intends to produce 30 million tons in its Vostok Oil project in 2024. Most of it will be shipped to Murmansk, and from there along the Norwegian coast to the world market.
The huge Vostok Oil project was key issue of discussion when Indian Minister of Petroleum and Natural gas Shri Hardeep S Puri sat down for talks with Rosneft's Igor Sechin.