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Investments in Taimyr’s economy grow by 85.4% in 2016

KRASNOYARSK, March 9. /TASS/. Investments in the main capital in Taimyr (north of Krasnoyarsk Territory) in 2016 grew by 85.4%, Krasnoyarsk’s statistics authority, Krasnoyarskstat, told TASS on Thursday.

"In 2016, the investments equaled 45.583 billion rubles (about $769 million), thus showing a growth of 85.4% year-on-year," the authority said. "The biggest share is related to development of the Suzunskoye field."

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New housing in Russia's northernmost Taimyr requires almost $121 million

The field is in the north of Krasnoyarsk territory. It was opened in 1972. The field is developed by Vankorneft - a subsidiary of the Rosneft Company.

Rosneft’s CEO Igor Sechin said earlier the field could give 1.2 million tonnes of oil, and the annual production would be 4.5 million tonnes.

The local authorities plan to establish in northern areas the Taimyr-Turukhan backbone zone, and thus to attract in 2017-2019 additional investments of 50 billion rubles (about $843 million) to be used for development of infrastructures and the city of Norilsk, for new centers of oil, gas and coal production.

Implementation of the project will allow exporting annually up to three million tonnes of coal, as well as up to five million tonnes of oil and will offer about 4,000 new jobs.

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