Sechin announced plans to launch the first stage of the North Bay port in September.

The first stage of the Port Bukhta Severa oil terminal, which is being built as part of the Vostok Oil project, may be commissioned as early as September this year. This was announced at the annual meeting of shareholders of PJSC NK Rosneft, which was held in the seaside town of Bolshoy Kamen, by the head of the company Igor Sechin.

Currently, the construction of key infrastructure is continuing on the project, including oil pumping stations, a receiving and delivery point with a tank farm and an oil terminal.

"We will ensure the completion of the docking work on the pipeline. And we expect that in September we will have the opportunity to report on the commissioning of the first stage of the port in the North Bay," Sechin said.

Sechin noted that the construction of an oil pipeline with a total length of 790 km is at the final stage. In addition, the project has already built a high-tech two-line underwater crossing over the Yenisei River with a length of 5.7 km each line. The pipeline is laid at a depth of about 50 m with a depth of up to 8 m into the river bottom.

The head of the company also recalled that the Primorsky Metallurgical Plant is being built in the immediate vicinity of the Zvezda shipbuilding complex, which is scheduled to be commissioned in 2029. The enterprise with a capacity of 1.5 million tons of products per year will produce large-format steel sheets up to 4.5 m wide and up to 24 m long for shipbuilding and large-diameter pipes for main oil and gas pipelines.

The project will create more than 3.8 thousand jobs and will become one of the largest industrial facilities in Primorsky Krai.