The Arctic as a resource base
What’s wrong with Russia’s official documents on the Arctic.
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Publish date: October 12, 2005
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According to the press-release, the Russian government decided to buy the nuclear fuel for the nuclear icebreaker at the expense of MSC’s revenue received from icebreaker assistance in the North Sea Route. Earlier it was expected that the fuel will purchased by the state. The price tag of the fuel is $14m.
The Russian state budget is allocating $5.7m in 2006 for the icebreaker construction when $26.6$ is needed. Icebreaker 50 years of Victory’s completion was originally scheduled for 1995, but financial difficulties led to the numerous delays and this year Russia already celebrated 60th anniversary of Victory, but the icebreaker is still not finished.
The keel of the icebreaker was laid in 1989 and it was put into the water at the end of 1993. But due to the lack of financing, construction was suspended. Partial financing was renewed in the late 1990s. A contract for completing the ship was signed by Baltiysky shipyard and the government in February 2003. It will join the other nuclear icebreakers run by the Murmansk Shipping Company in Murmansk.
What’s wrong with Russia’s official documents on the Arctic.
As uranium supplies from Russia fall under the shadow of potential sanctions, and while Ukraine’s allies look to wean themselves off nuclear fuel produced by Moscow’s Rosatom corporation, owners of left-for-dead mines in the US are looking to revive their deposits.
The European Union doubled its purchases of Russian nuclear fuel in 2023, data from Eurostat and the UN’s international trade service Comtrade show.
The output of Russian nuclear power plants in 2023 decreased by 2.8% compared to 2022. A decrease in output occurred for the first time in 10 years a...