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Murmansk Oblast is Russia's northwesternmost federal subject, located along the border to Norway and Finland. It is a key Russian region within fisheries, mining and metallurgy and the Armed Forces.
The region is located along coast of the Barents Sea and is expected to become a new oil and gas centre as offshore hydrocarbon resources are developed in the Russian part of the Barents Sea.
The region has a population of about 850,000, of which about 85 percent are ethnically Russian. Out-migration from the region has been considerable over the last 20 years.
The economy of Murmansk Oblast is heavily export-oriented. The region is closely engaged in international cooperation, first of all as key stakeholder in the Barents Euro-Arctic Cooperation.
Throughput of Murmansk seaport up
Photo: Thomas Nilsen
No economical crises for the amount of cargo.
For the first eight months of 2009, throughput of cargo handled by Murmansk Commercial Seaport was up 12,5 percent to 10,45 million tons.
Information agency rzd-partner reports that the port handled a total of 346 vessels and 145,889 wagons. 152 of the vessels and 123,429 of the wagons carried coal.
