Abstract
<jats:p>The article discusses the process of development of the Arctic zone of Russia, in particular, in the energy and oil and gas industries. Particular attention is paid to the fact that comprehensive development of the Arctic is currently one of the strategic priorities of the state. As a measure to increase the attractiveness of this region for entrepreneurs, investments and innovations, a decision was made to create a special economic regime in the Arctic zone, which is already proving to be effective. The development of the Arctic is impossible without the active introduction of innovations and technologies adapted to specific natural and geographical conditions. Russian companies play a key role in this process, and cooperation with friendly countries such as China opens up new opportunities for solving common tasks and achieving mutual goals. The main areas of such cooperation are the development of trade in energy resources and the expansion of scientific and research cooperation, which ultimately contributes to more effective development of the Arctic region. The article also touches on the development of the Northern Sea Route logistics corridor, its infrastructure and its role in delivering resources from the Arctic to Asia. Examples of successful projects such as Yamal LNG and Arctic LNG-2, Prirazlomnaya and Kola wind farms are considered. In general, the article provides an overview of the current state of development of the Russian Arctic zone in terms of innovative development and its further prosperity.</jats:p>