Potential investments into energy sector in Arctic amount to $400-600 bln in 20 years

Business & Economy March 29, 2017, 17:01

ARCHANGELSK, March 29. /TASS/. Investments into the energy sector in the Arctic Region potentially amount to $400-600 bln in 20 coming years, Russian Energy Minister Alexander Novak told reporters on Wednesday.

"Since the potential is huge, investments to be utilized in 20 coming years total approximately $400-600 bln, which are needed to implement perspective projects," Novak said.

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