The funds will be applied to the construction of the Utrenny LNG terminal in the port of Sabetta.
In 2022 it is expected to increase funding for the development of the Northern Sea Route by 4 billion rubles, which will be applied to the construction of the Utrenny LNG terminal in the Arctic port of Sabetta. This is stated in the explanatory note to the draft federal budget of the Russian Federation for 2022-2024, the text of which is at the disposal of TASS.
According to the document, "the change in the parameters of the financial support of the federal project" Development of the Northern Sea Route "is due to an increase in budget allocations in 2022 in the amount of 4,073.8 million rubles in order to ensure the completion of the measures for the construction of the terminal for liquefied natural gas and stable gas condensate "Utrenny" in 2022 and a decrease in 2024 in the amount of 10,510.4 million rubles in order to redistribute funds for the construction of the lead nuclear icebreaker of project 10510 "Leader".
It is explained that the 16.14 billion rubles reserved during the formation of the draft federal budget for 2024 will be applied to the implementation of the activities of the federal project "Development of the Northern Sea Route" according to the decisions of the government of the Russian Federation.
In November 2020, it was reported that the Utrenny terminal, which is under construction as part of the Arctic LNG-2 project, is 69% ready.
Arctic LNG-2 is Novatek's second LNG project. The project provides for the construction of three lines for the production of liquefied natural gas with a capacity of 6.6 million tons per year each and stable gas condensate up to 1.6 million tons per year. The resource base of the project is the Utrennee field located on the Gydan Peninsula in the Yamalo-Nenets Autonomous Okrug. The launch of the first line is planned in 2023, the second and third lines - in 2024 and 2026, respectively.
The Northern Sea Route is a shipping route, the main sea communication in the Russian Arctic. It runs along the northern shores of Russia along the seas of the Arctic Ocean (Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea, Chukchi and Bering Seas). The NSR connects the European and Far Eastern ports of Russia, as well as the mouths of navigable Siberian rivers into a single transport system. The length of the route is 5.6 thousand km from the Kara Strait to Providence Bay.