At the port’s construction site, the Transport Minister held a meeting on the construction and development of the infrastructure for the Yamal LNG project.
Maxim Sokolov also held a meeting on the implementation of the Northern Latitudinal Railway infrastructure project on board a train linking Bovanenkovo to Obskaya station.
In the near future the Ministry of Transport is expected to receive an updated financial and economic model for the comprehensive investment project, including guarantees with regard to freight traffic during the payback period and detailed capital expenditure projections for the main construction projects.
The approval of this model will jump start large-scale infrastructure construction in the northern region, which is strategically important for Russia, and will also make a significant contribution to the socioeconomic development of the region and Russia as a whole.
The decisions taken at the meeting are aimed at rolling out an interregional multimode transport infrastructure in the Central Part of Russia’s Arctic zone by establishing and developing the Northern Latitudinal Railway with a link to the Arctic sea port of Sabetta.
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The port of Sabetta is expected to handle shipments of hydrocarbons from the South Tambey field and deliveries of Russian natural gas and oil to Western Europe, North and South America and the Asia-Pacific Region. The project is being implemented as a public-private partnership.
Liquefied natural gas from the Yamal LNG plant, which is currently being built near the port, will increase cargo turnover on the Northern Sea Route from 3 to 20 million tons per year. In order to ensure navigation on the Northern Sea Route, there are plans to build three universal 60-megawatt variable-draft nuclear icebreakers to provide icebreaker support on the Northern Sea Route, as well as in the shallow mouths of Siberian rivers which flow into the seas of the Arctic basin.
Source: Ministry of Transport
