Prime Minister Dmitry Medvedev signs agreement on construction, though analysts puzzled as the location is far from natural gas field
Russia plans to build four artificial islands in the arctic Barents Sea to serve the natural gas industry, though analysts are puzzled by the location as it’s far from a gas field, while environmentalists warn of pollution dangers.
Prime Minister Dmitry Medvedev signed an agreement on June 17 to build the islands in Kola Bay of the Barents Sea at an estimated cost of $420 million. They are expected to come into use from 2020. Continue reading