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Presidential Executive Office2025
For the Media

Vladimir Putin to launch oil loading at Arctic Gate terminal and to chair Economic Council Presidium meeting on May 25

Announcement, May 25, 2016

On May 25, via videoconference, Vladimir Putin will launch the loading of the first tanker with oil from the Novoportovskoye field at the Vorota Arktiki (Arctic Gate) terminal, which was built to facilitate year-round sea transport in extreme weather and geographical conditions.

Gazprom CEO Alexei Miller and Gazprom Neft Director General Alexander Dyukov will attend the launch at the terminal.

Later the same day, Vladimir Putin will chair a meeting of the Presidential Economic Council Presidium on Russia’s economic growth points to 2025.

* * *

Novoportovskoye is one of the largest oil and gas condensate fields on the Yamal Peninsula. Its recoverable oil reserves exceed 250 million tonnes of oil and gas condensate and over 320 billion cubic metres of natural gas. It is located beyond the Polar Circle, far from oil pipelines, making marine transportation along a route via Cape Kamenny thee optimal solution. The Vorota Arktiki (Arctic Gate) terminal, with an annual capacity of up to 8.5 million tonnes of oil, has been built for this purpose in the Gulf of Ob.

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Published in section: Announcements

Publication date: May 24, 2016, 15:00

Direct link: en.kremlin.ru/d/51989

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Official Website of the President of Russia:

Vladimir Putin to launch oil loading at Arctic Gate terminal and to chair Economic Council Presidium meeting on May 25

http://en.kremlin.ru/press/announcements/51989

Last updated at May 24, 2016, 16:22

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