Sever Bay Port's First Phase to Launch in September, Rosneft CEO Says
Quick Look
- The first phase of the Sever Bay port, a key component of Rosneft's Vostok Oil project, is slated for commissioning in September, according to Rosneft CEO Igor Sechin.
- Construction of the associated 790-km oil pipeline is also nearing completion.
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Why It Matters
The Vostok Oil project is Rosneft's flagship initiative, encompassing numerous license blocks and oil/gas fields in northern Russia. The Sever Bay port and its associated oil pipeline are critical infrastructure components for the project.
BOLSHOY KAMEN /Primorsky Region/, June 19. /TASS/. The first phase of the Sever Bay port, part of the Vostok Oil project, is scheduled to be commissioned in September, Rosneft CEO Igor Sechin said.
"After completing our work here in Vladivostok, I plan to visit the Vostok Oil project, where we will finalize tie-in operations on the oil pipeline. We expect that in September we will be able to report the commissioning of the first phase of the port at Sever Bay," he said.
According to Sechin, construction of the 790-km oil pipeline is nearing completion.
Vostok Oil, Rosneft's flagship project located on the Taimyr Peninsula, comprises 52 license blocks in northern Krasnoyarsk Region and the Yamalo-Nenets Autonomous Area. These blocks contain 13 oil and gas fields, including both producing fields from the Vankor cluster and new deposits.
Open Questions
- What are the specific tie-in operations for the oil pipeline?
- What are the exact capacities of the first phase of the port?
