Financial Ports

Russia’s Arctic Oil Bonanza: First Vostok Crude Shipment

CLAVE 1 / 4Russia’s Vostok Oil project has dispatched its first crude shipment via the Arctic’s Northern Sea Route.

CLAVE 2 / 4The 50 million tons annual target by 2030 equals 10% of Russia’s current oil production.

CLAVE 3 / 4The Valentin Pikul, a high-ice-class tanker, loaded the first batch at the Sever Bay terminal.

CLAVE 4 / 4Vostok Oil’s resource base exceeds 7 billion tons of low-sulfur crude.

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