Franz Josef Land and the Northern Sea route clean-up program, which is to start in 2011, will require 1.2 billion rubles ($40 million), the Russian minister of natural resources and ecology said on Wednesday.
"The cost of the project is estimated at 1.2 billion rubles, front-end engineering demands 110 million [rubles]," Yuri Trutnev said.
There are 194 sites that demand clean-up, he said. "From the beginning of 2011 we will be ready to start," Trutnev said, adding that a feasibility study is currently underway.
MOSCOW, June 16 (RIA Novosti)