economy

The Yamal-Nenets autonomous district is one of the largest constituents of the Russian Federation, a stably and dynamically developing region. The main economic activities of the district are industry, construction, trade, transport and communications, agriculture and forestry.

Yamal accounts for 85% of Russia’s and 20% of the world’s natural gas production. Yamal plays a strategic role in Russia’s gas production being an outpost for the future movement onto the Arctic shelf. The development of Yamal resources is the biggest energy project in the newest Russian history. Unique location of Yamal gives an opportunity to develop a logistic model of year-round liquefied natural gas (LNG) supply to markets in Europe, North America and Asia-Pacific Region.

The construction of Nadym-Salekhard road is one of the largest transport projects. The road lies in the same corridor as the Northern Latitudinal Way Obskaya-Salekhard-Nadym-Pangody-Novy Urengoy-Korotchaevo. In those areas of the autonomous district, where there are no all-season roads, the main traffic load falls on the aviation. Within the framework of the modernization the regional airline company “Yamal” carries out a phased replacement of old aircrafts.

The fisheries sector is of special importance for the economy of the district. The total fishing area exceeds 25 thousand square kilometers. The feature of the Ob Basin is the unique in number and diversity whitefish stock amounted to two thirds of the world’s population.

Reindeer herding and fishing are traditional for the agrobusiness of the region.Reindeer meat is sold not only in the RF but also is exported to the Western Europe. Yamal is the only region in Russia that has been certified under the EU standards for production of reindeer meat.Reindeer skin processing and currying has a significant development potential.

Yamal became the unique place for international and circumpolar cooperation.Today Yamal is a competent and active participant of international organizations, initiator and co-organization of many international projects and programs.

автор-составитель: учитель английского языка МБОУ "СОШ №10 с УИФиТД" Соколюк О.Г.