Word: yakutsk
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...YAKUTSK, the capital of the republic of Yakutia in northeastern Siberia, lies at the heart of a huge gas deposit estimated by the Russians to measure 460 trillion cu. ft., or one-quarter more than all known deposits in the Middle East. Moscow announced last week that production had begun at the nearby field of Middle Vilyui, but it will not be easy to get the gas out. Yakutsk's Permafrost Institute is experimenting with new techniques to pipe gas and oil through the perennially frozen earth...
...enough to deter many. Siberia boosters used to claim that the population would climb from its present 25 million to about 60 million by the year 2000; the current rate of growth is unlikely to produce more than about half that number. All Siberian workers, from a waitress in Yakutsk to a drilling engineer at Nadym, get "northern bonuses" that double and triple Moscow wage rates, but the labor turnover is nonetheless high. Every year 17,000 new workers arrive in the Irkutsk region, and 10,000 others leave. Some of these are students who are sent out on compulsory...
...consultations eventually are supposed to hatch three main deals: 1) the fertilizer transaction; 2) development by the Soviets, with the help of U.S. technology and capital, of natural gas fields around Yakutsk in Siberia; and 3) construction by Americans of a hotel and trade center in Moscow. All three projects face high hurdles. The hotel-trade center deal is rather vague, but Hammer hopes to put together a U.S. consortium that would arrange all design, construction and financing and turn over completed buildings to the Soviets. The fertilizer transaction, by his estimate, would require an investment of $100 million...
Development of gas from the field around Yakutsk would require Occidental and a partner, El Paso Natural Gas, to supply technological help and money to build pipelines and tankers to carry liquefied natural gas to the U.S.; Occidental would take payment in gas, which it would sell in America. Hammer himself concedes that at least $3 billion in American money will be needed, but insists that Washington will guarantee the necessary loans. His logic: "We in the U.S. need the gas, or else we just face having more brownouts." But within the Nixon Administration, officials are debating whether...
...permafrost to a warm-water port near Murmansk, where it will be liquefied and then transported by supertanker to the U.S. East Coast. At the same time, the U.S. agrees to purchase between 1.5 billion and 2.5 billion cu. ft. of gas per day from eastern Siberian fields near Yakutsk. This gas in turn will be transported by a U.S.-Japanese consortium to the U.S. West Coast...