Russia moves forward through the north
Over the next 15 years, Russia will use an Arctic route to boost its shipments to Asia of oil and gas from Siberian deposits.

According to Rosatom, Russia’s nuclear power authority, shipments this year through the Northern Sea Route will exceed 31 million tonnes. And by 2024, plans call for shipments of about 80 million tonnes via the Arctic route, mainly linked to Russian gas producer NOVATEK and Russian oil company Rosneft. This will require Investment of 347.6 billion roubles.

Russia’s Minister for the Development of the Far East and Arctic, Alexander Kozlov, said 35.5 million tonnes will be taken up by Novatek’s projects in the Yamal region of western Siberia – Yamal LNG, Arctic LNG-2 and Ob LNG.

Vostok (East) Oil of Rosneft will provide deliveries of 30 million tonnes.

As reported by Interfax news agency, the project calls for the construction of a plant to produce liquefied natural gas. The Bukhta Sever port, from where the deliveries will originate, will be able to accommodate the project’s full capacity of 100 million tonnes of oil, 50 million tonnes of oil and 35-50 million tonnes of LNG.

The Novoportovskoye deposit run by the Gazprom Neft company will send nearly 7 million tonnes through the Northern Sea Route and projects of nickel and palladium producer Nornickel a further 1.7 million tonnes.

Rosatom, solely responsible for overseeing the Northern Sea Route’s infrastructure, has said that within the next decade Russia will be able to organise international transit shipments through the route.

The Zvezda (Star) shipyard is to build 15 gas carriers for the Arctic LNG-2 project overseen by NOVATEK for 400 billion roubles. Construction will be undertaken in partnership with the South Korean company Samsung.

And as part of Russia’s Arctic exploration programme, it is to build the world’s three most powerful nuclear icebreakers within the “Leader” project as well as five icebreakers for the 22220 project to escort a veritable caravan of vessels through the Arctic ice.


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October 2020