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Regional Economics: Theory and Practice

A comparative analysis of the economic efficiency of coal mining and transportation along the Northern Sea Routes to international consumers from the Taymyr Peninsula deposits

Vol. 21, Iss. 9, SEPTEMBER 2023

PDF  Article PDF Version

Received: 10 July 2023

Received in revised form: 28 July 2023

Accepted: 17 August 2023

Available online: 18 September 2023


JEL Classification: R13

Pages: 1606–1626


Maksim V. KOSHKAREV Institute of Business Career (IBC), Moscow, Russian Federation


Medeya V. IVANOVA Luzin Institute for Economic Studies, Kola Science Centre of RAS (IES KSC RAS), Apatity, Murmansk Oblast, Russian Federation


Subject. This article discusses the issues of modernization of transport infrastructure, as well as the policy of Russia's Turn to the East.
Objectives. The article aims to find the most effective approach to the development of mineral deposits located in the Arctic Zone of the Russian Federation, and assess the prospects for expanding mineral exports to China, India and other Asian countries.
Methods. For the study, we used a comparative analysis.
Results. The article finds that mineral resource centers, the creation of which is provided for by the Strategy for the Spatial Development of the Russian Federation, will contribute to the strengthening of economic activity in the Arctic. The volume of explored coal reserves on the Taymyr Peninsula makes it possible to create a large energy cluster.
Conclusions. The extraction of hydrocarbons in the Arctic and the modernization of the corresponding infrastructure can bring more benefits in the case of parallel development of fields localized near the Northern Sea Route. In the northern regions of Russia, it is necessary to develop a network of roads and railways, which will increase traffic flows, on which success in the implementation of the Turn to the East policy depends.

Keywords: coal mining industry, Taymyr Peninsula, India, China, Northern Sea Route, mineral resource centers


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ISSN 2311-8733 (Online)
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