Independent journal on economy and transport policy
19:41 GMT+2
Transport Ministry Plans Sakhalin Port
(Kommersant)
September 26, 2007
Transportation Minister Igor Levitin announced yesterday that a new seaport would be built in the Sakhalin village of Ilyinsky to serve the future development of hydrocarbon deposits off the shores of the island. He cited the need to provide transportation in connection with Sakhalin projects 3 through 9. The new port, he said, would be served by oil and natural gas pipelines that will make hydrocarbon transportation for future projects 10-15 percent cheaper than for Sakhalin 1 and 2. The port will also serve general uses and will cost 82 billion rubles ($3.2 billion), of which the government will provide 37 billion rubles ...... Read more on Kommersant
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