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26.07.2019

The Deepwater area of the port of Arkhangelsk construction project will be finalized. The Governor of the Arkhangelsk region Igor Orlov announced this to IAA PortNews.

“Now we are engaged in finalizing the conditions of construction. Very much depends on how the cargo traffic will be formed in the direction of Arkhangelsk, taking into account the Northern Latitudinal Route and other projects focused on the transportation of goods along the Northern Sea Route ... Now the volume of cargo transshipment through our port is growing and if we offer competitive conditions of transshipment through the deep-sea district, in this case, we see a good prospect for it without the implementation of the Belkomur project. The port has the right to life - and we are on this path,” Igor Orlov commented.

It should be reminded, the implementation of the Deepwater universal port construction project developed by JSC “Lenmorniiproekt”, involves financing in the amount of more than 149 billion rubles, of which about 117 billion are investments in the creation of port infrastructure (dredging, construction of an approach channel and water breakers, Vessel Traffic Services facilities).

The cost and nature of the work imply state participation. Now, negotiations are underway to include the project in a comprehensive state support plan, after which work will be carried out to attract investors. Under an optimistic scenario, the port will be put into operation in five years, and by 2035, its cargo turnover should be about 38 million tons.

According to calculations, about third part of this volume will be covered by transshipment of petroleum products and gas condensate of mining companies in the Arctic zone.

The Deepwater area of the port of Arkhangelsk construction project provides the creation of modern transport and industrial hub, including four universal and two specialized terminals with a total capacity of up to 38 million tons by 2035 annually, approach highway and railway.

Source: information and analytical agency “PortNews”

Photo: JSC “ATIH Arkhangelsk”