Operation of the main oil pipeline of the Vostok Oil project in the Russian Arctic

Sechin's statements came in conjunction with the start of operation of the main oil pipeline leading to the new station in Sevier Bay, within the giant "Vostok Oil" project in the Krasnoyarsk Region in the Russian Arctic.

Sechin said during a video conference on the occasion of the project's operation that the entry into operation of "Vostok Oil" will allow 30 million tons of oil to be shipped to consumers in the second half of next year.

The Vostok Oil project is being implemented by Rosneft, commissioned by Russian President Vladimir Putin, and is seen as a new oil region on a global level, as its resource base exceeds 7 billion tons of high-quality oil, with a sulfur content ranging between 0.01% and 0.1%.

According to company data, the project includes 66 oil fields, while the number of wells that have been drilled so far has exceeded 2,000. Russian-made Taimyr equipment is used in drilling operations.

As part of the project's infrastructure development, the construction of the main oil pipeline linking the Vostok Oil fields to the new port in Sevier Bay was completed.

The port includes a specialized station for handling cargo and oil and loading it onto ice-class oil tankers, in preparation for transporting it via the Northern Sea Route.

Two shipping berths and a berth designated for the port fleet have already entered service, while construction work continues on an additional berth designated for loading oil, within the active phase of the project’s development.