Oil & Gas
The Arctic contains a wealth of petroleum and mineral resources. Currently, the region produces about one tenth of the world's oil and a quarter of its natural gas. The Russian Arctic is the source for about 80 percent of this oil and virtually all of the natural gas; Arctic Canada, Alaska, and Norway are the other leading producers. Recent appraisals suggest that a considerable fraction of the world's undiscovered petroleum reserves lie within the Arctic.
Export shipments made up 27.5 million tons in January-November 2025, which is 3 percent more than a year ago, the Far Eastern Railway press service reports.
The Elga Coal Mine in Yakutia accounted for the main portion of the coal exports with 17.6 million tons while the Urgal deposit in the Khabarovsk Territory placed second with 6.9 million tons of coal exported.
In just 11 months, 32.4 million tons of Far Eastern coal were supplied.
