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Private companies may obtain access to Arctic shelf already this year, says minister

The national budget can receive 5 bln rubles ($77 mln) and more from engaging foreign companies in tapping the Russian arctic shelf

ST. PETERSBURG, April 9. /TASS/. The access to the Arctic shelf can be opened for private companies already in 2019 in case of need, Russian Minister of Natural Resources Dmitry Kobylkin told TASS in an interview on Tuesday.

"Everything is possible, if appropriate documents are prepared in time," the Minister said.

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The national budget can receive 5 bln rubles ($77 mln) and more from engaging foreign companies in tapping the Russian arctic shelf, Kobylkin noted. "All the projects are very large and expensive. Probably, 5 bln rubles ($77 mln) and more," he said.

Foreign companies will be able to implement their projects in formats of a joint venture, a special purpose vehicle (SPV) or public private partnership if the government decides to open access to the shelf, the Minister noted. "Any format is possible if this is feasible and brings extra revenues from this economic sector to us," Kobylkin added.

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According to the experts, Ukraine’s incursion into Russia’s borderline Kursk Region turned out to be a "strategic catastrophe" amid "manpower shortages"

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According to Donald Tusk, "no one knows how the conflict will end"

Ukraine should consider territorial concessions to Russia in return for peace — magazine

Foreign Policy pointed out that Western officials should stop insisting in public speeches on the need to achieve a strategic defeat for Russia

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Robert Fico pointed out that "more and more evidence show that the West seeks to prolong the war in Ukraine for various reasons"

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Russia’s Permanent Representative to the Vienna-based international organizations Mikhail Ulyanov said that what has been done by the White House is very dangerous

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West builds up military presence near Russia’s Arctic borders — presidential aide

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Western countries should 'be afraid, tremble' after Putin's statement — lawmaker

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US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

Maria Zakharova stated that the US-NATO construction project, ongoing for nearly a decade with complete disregard to Russian security concerns, has consistently been a focus of Russia's attention

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Western air defense systems unlikely to intercept Russian missiles — France’s Le Monde

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Ukraine was warned about possible missile strike — Pentagon

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"There is more in the Russian arsenal than many believe," said Karin Kneissl, the former Foreign Minister of Austria

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Zelensky begs ‘for his country to be flattened’ — US journalist

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The Department of State and other US agencies "should continue to engage our competitors in real and substantive dialogue," Rear Admiral Thomas Buchanan said

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"Russia has repeatedly stated that such actions will receive a response – and it will be a stronger one," Duma Speaker Vyacheslav Volodin stressed

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"Democratic institutions in the country have been destroyed, rendering dialogue between the government and the people impossible," Viktor Medvedchuk said

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"The enemy positioned in the fortified area in Velikaya Novoselka in the south of the DPR is already trapped in a kill zone," the source said

Ukrainian defense line in Donbass may soon collapse — expert

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Counsellor of the Russian Embassy in Serbia Natalia Klischenkova read the text of the telegram to Kusturica

France only finishes off Ukraine by allowing it to strike inside Russia — diplomat

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US, Europe openly side with Kiev by supplying it with weapons — top Turkish diplomat

He stressed that today "it is vital prevent economic and political confrontation in certain regions of the world from growing into a real war."

Cooperation with Russia will play important role in upgrade of Indian armed forces — MFA

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US, European officials suggest returning nukes to Ukraine — NYT

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Russian Security Council Deputy Chairman Dmitry Medvedev said it in an interview

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