The head of RosGeo emphasized that mineral resources used to be and remain the main economic base for development of the Arctic, Eastern Siberia and Far East, noticing that today this is the very macroregion, where the prospects for discovery of both new oil and gas provinces and metal deposits for the new economy are concentrated, and it is impossible for decarbonization programs to get implemented without its engagement. 

Sergei Gorkov said: “Almost all known mineral deposits in the Far East and Eastern Siberia were discovered by RosGeosubsidiaries, while the potential for discovering new reserves is very high. I am quite positive that most of the promising areas, where we are currently conducting the geological exploration will become deposits, and mining enterprises with investments and technologies will come there, the regions will receive taxes and new jobs”.

The head of RosGeo made an announcement of a large session to be held at Sochi Investment Forum dedicated to the prospects of geological exploration in the regions of Eastern Siberia and the Far East. 

Sergei Gorkov, as the Chairman of the Russian-Emirates Business Council, emphasized the importance of demonstrating the prospects of the Russian Arctic and the Far East to potential investors from the UAE and promised that REBC would provide all possible support to the contacts between businessmen from Russia and the United Arab Emirates.

The outreach session of the EEF “Key Projects in the Far East and the Arctic” was arranged by the Ministry of the Russian Federation for Development of the Far East and the Arctic and Corporation for Development of the Far East and the Arctic with support of Roscongress Foundation within the framework of the business program of the Russian National Pavilion at EXPO 2020 in Dubai.


RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. A total of more than 1000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields. RosGeo is a fully state-owned company.