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  3. Russia needs official forecast on Sulphur Directive implications and appropriate state programme to address them, expert says

2014 October 10   17:55

Russia needs official forecast on Sulphur Directive implications and appropriate state programme to address them, expert says

The process of recognizing the implications of the Sulphur Directive and elaboration of adequate solutions has just started gaining momentum in Russia, IAA PortNews journalist cites Aleksey Shukletsov, Executive Director of Bronka project initiator and investor Fenix LLC, as saying at the 7th International Forum “Transport-Transit Potential”.

According to him, Russia needs an official forecast on the financial implications of the adopted decisions. On the basis of the official forecast it is necessary to develop solutions for elaboration of a state programme to mitigate the negative effect on Russia’s regional economy, seaports and cargo owners caused by compliance with the international agreements. 

The expert believes that the EU Sulphur Directive is especially discriminatory for the Baltic Sea states. “That is why the majority of MEPs representing Sweden and Finland voted against this project in the European Parliament. Sweden expects annual loss of EUR 2.8 bln, Finland – EUR 800 mln. Most of all, the Directive affects Russian ports of the Gulf of Finland, as the most distant ones, Aleksey Shukletsov says.

Restrictions on sulphur content in ship fuel coming into effect in the Baltic and North Seas from January 1, 2015 set a limit of 0.1%.

Related links:

Russia set to call for postponing introduction of stricter NOx emission standards>>>>

The conference participants: New environmental regulations should be economically reasonable (photo release) >>>>

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