MOSCOW, Nov 25 (Reuters) – Russia plans to build a metals plant in the Far East at an estimated cost of $2.2 billion and supply steel sheet to the Zvezda shipbuilding yard as part of a push to develop the Arctic, Rosneft CEO Igor Sechin said on Wednesday.
The head of the oil producer said during a televised meeting with Russian President Vladimir Putin that the planned facility on Sukhodol Bay would produce 1.5 million tonnes of steel sheet and steel pipe products per year.
The Zvezda shipbuilding yard is set to play a prominent role in Russia’s push to make the Northern Sea Route an important Arctic transit corridor for oil, coal and commercial shipping.
Sechin asked Putin to help the project by supporting the building of roads and accommodation, adding that construction would involve around 1,500 workers. (Reporting by Vladimir Soldatkin; writing by Tom Balmforth; editing by Jason Neely)
(c) Copyright Thomson Reuters 2020.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
Russia attacked two Ukrainian Black Sea port cities on Friday, killing three people, officials said, as Moscow intensifies pressure on Ukraine's key trade routes.
Ukrainian naval drones hit two large Russia-linked oil tankers in the Black Sea as Moscow and Kyiv expand the scope of their mutual maritime strikes.
Ukraine says its expanding drone campaign against Russia’s maritime logistics has now struck 147 vessels in just 11 days, extending operations from the Sea of Azov deeper into the Black...
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
