IMPORTANCE OF NATURAL RESOURCES OF THE REPUBLIC OF SAKHA (YAKUTIA) FOR THE RUSSIAN ECONOMY, WORLD DEVELOPMENT AND ECONOMIC PROGRESS

First, Sakha Republic is the biggest and the richest region of Russia. That is why there are a lot of industrial facilities connected with oil, gas, coal and other natural resources. Large corporations such as Gazprom,Surgutneftegaz, Alrosa and others are developing fields in Yakutia. Such megaprojects as ‘East Siberia ? Pacific Ocean’ and ‘Sila Sibiri (Power of Siberia)’ pipelines, which supply Asian countries with gas and oil, got their start with the resources of Yakutia. All that industrial activity, of course, develops the country and brings a lot of profit for the state and private structures but their work keeps a real danger for Russian Arctic. Secondly, all these will help to prove a real importance of the northern natural resources that are extracted in Yakutia for Russian and world economies. Moreover, it will show importance for the Arctic itself because it provides new opportunities for development. Anyway, the meaning of the northern natural resources is increasing day by day due to their prospects and the fact that other (not northern) resources run out.