The President examined the port's infrastructure and familiarized himself with the coal terminal that started operating in January 2006.
Head of the Russian Railways company Vladimir Iakunin, Presidential Plenipotentiary Envoy to the North Western Federal District Ilia Klebanov, and governor of the Leningrad Region Valerii Serdiukov accompanied the head of state.
Ust-Luga is one of the Baltic's most promising sea ports, capable of receiving dry cargo ships with a capacity of up to 75 thousand tonnes and tankers with a capacity of up to 120 thousand tonnes.
The port's coal terminal is the only one in Russia that uses technology to remove other metals from coal and to break it down, thereby significantly increasing the quality and market value of the coal.
Altogether nine terminals will be constructed and put into operation at the Ust-Luga port, as will the Baltic Ferry, a car and railway ferry complex connecting the port of Ust-Luga to Germany via Baltiisk, in Kaliningrad.
The port is being built according to the federal target programme 'Modernizing Russia's Transport System' and based on a partnership between the state and private enterprises. The total cost of the project amounts to two billion dollars.
After visiting the Ust-Luga trading port the President held a working meeting with governor of the Leningrad Region Valerii Serdiuko.
Valerii Serdiuko told the head of state about expanding the Baltic Pipeline System and the implementation of a project to construct an oil pipeline.