Arc6 oil tanker 'Valentin Pikul' in Murmansk in March 2025. (Source: Pangolin/Fleetphoto.ru)
Russia’s newest ice-capable oil tanker, Valentin Pikul, has reached the Vostok Oil project, under construction in the high Arctic, for the first time.
The trip through hundreds of nautical miles of sea ice likely serves as the vessel’s ice trials.
Valentin Pikul is the first high ice-class oil tanker constructed by Russia’s Zvezda shipyard; albeit in partnership with South Korean builder Samsung Heavy Industries (SHI).
Russia envisions Valentin Pikul and dozens of additional Arctic shuttle tankers to carry hundreds of millions of barrels of crude oil each year from Rosneft’s Vostok Oil project. Delayed several times, in part due to Western sanctions, the facility is expected to begin production and exports next year.
Vostok Oil is currently the world’s largest investment in oil or gas, with total development costs likely to exceed $120bn. At full buildout the project is designed to produce in excess of 100 million tons per year, nearly tripling current Arctic shipping volume.
Over the past three years Rosneft has turned the Arctic tundra around Sever Bay into a bustling industrial hub satellite images reveal.
Valentin Pikul departed from Murmansk two weeks ago passing to the north of the Novaya Zemlya archipelago before transiting through the Kara Sea and into the mouth of Yenisei Gulf, where Vostok Oil is being built on the Taymyr Peninsula.
After approaching Sever Bay and the oil terminal under construction on June 4, the vessel has continued operating through sea ice in the vicinity and now remains at anchor to the north of the project.
Rosneft took delivery of Valentin Pikul in January this year and the vessel made its way through the Suez Canal in March. For much of the spring it had remained at anchor in Kola Bay near Murmansk in final preparation for ice trials.
Since 2022 Rosneft has shipped millions of tons of construction equipment to the Taymyr Peninsular split across thousands of deliveries, working year-round to construct the port, loading terminal, and hundreds of kilometers of pipelines.
A key element of the project is a 5.8 kilometer underwater pipeline to carry crude oil across the Yenisei River near the town of Dudinka en route to Sever Bay. Rosneft completed this challenging segment of the pipeline network in 2024.
Pilot oil production for the project began in Q1 2025 and Rosneft continues work on the first two oil loading berths in Sever Bay.
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
European Union imports of Russian Arctic liquefied natural gas from the Yamal LNG project hit a record high in the first four months of 2026, despite the bloc introducing measures intended to curb purchases of Russian fuel.
The European Union sharply increased imports of liquefied natural gas from Russia’s Yamal LNG project in the first quarter of 2026, taking nearly all available cargoes and paying an estimated €2.88 billion, according to new analysis, even as a future import ban threatens to curb flows.
Russia is seeking to leverage a global natural gas supply crunch to lure energy-starved South Asia into purchasing shipments from its US-sanctioned facilities, according to people familiar with the matter.
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
