What is the economic situation in Barents Russia?

Author ArishaUl
Tuesday, Sep 27, 2016

The turnover in commercial organizations in Murmansk Oblast totaled 52,306 million rubles in January 2016. The figure indicates a 7.1 percent growth compared to the same period in 2015. Murmansk Statistics Service (Murmanskstat) recently published a report about the socio-economic situation in the oblast.

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Birth rate in Murmansk Oblast may drop 44 percent in 15 years

Author ArishaUl
Saturday, Aug 27, 2016

The birth rate of Murmansk Oblast may decrease by 43.8 percent in the next fifteen years, the Russian Federal State Statistics Service predicts. According to the population projection published by Murmanskstat, the number of newborns in the region will gradually decrease from almost nine thousand in 2016 to five thousand by 2031.

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Significant growth for Russian oil producers in 2015

Author ArishaUl
Wednesday, Jul 27, 2016

In 2015, over 800,000 tons of crude oil was produced on the Prirazlomnaya platform. This figure is 2.5 times higher than the volume extracted on the Russian Arctic shelf in 2014, reports Gazprom Neft Shelf.

"In 2015, we not only reached the planned number of new oil wells and volume of oil production, but also managed to ensure production safety on the shelf in extreme Arctic conditions," said Gazprom Neft Shelf general director Gennady Lyubin.

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