Monday, September 8, 2025

Putin decrees development of Arctic with more nuclear icebreakers – This will help Russia cash flow from fossil fuels.

WNN Oil & Gas Publishers Note: These large investments will help Russia maintain the cashflow from fossil fuels which make a substantial portion of their GDP.  Russian President Vladimir Putin has signed an executive order, On the Strategy for Developing the Russian Arctic Zone and Ensuring National Security until 2035, which foresees the construction of at least five new nuclear-powered icebreakers of the Project 22220