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2019 November 14   10:39

RF Government supports expansion of Murmansk Transport Hub capacity to 65 million tonnes by 2035

RF Government has supported drastic expansion of the Murmansk Transport Hub project providing for transshipment of 65 million tonnes of cargo by 2035, Murmansk Region Governor Andrey Chibis said at the 12th International Conference “Arctic Shelf Development: Step by Step” which kicked off in Murmansk on November 13, press center of Murmansk Region Government says in a press release.

The conference is attended by more than 100 oil and gas companies from 10 countries.

When greeting the forum participants, Andrey Chibis reminded about the logistic potential of the Murmansk Region which is implementing an ambitious project known as Murmansk Transport Hub.

“Actually, it is two thirds of the volume to be transported by the Northern Sea Route according to the task set by the President of Russia. Intense use of the Northern Sea Route is impossible without the resources of the Arctic shelf. Our task is to create hi-quality and hi-tech base for servicing of shelf projects. The Murmansk Region is ideal for that. Today’s conference will help develop specifications for this base”, said Andrey Chibis.

The head of the region also paid special attention to development of a regulatory framework for tax incentives on the federal and regional levels for resident of the Arctic territories. According to Andrey Chibis, that will provide a sound economic motivation for doing business in the Arctic.

The conference is focused on investment projects, problems and prospects of oil and gas development on the Arctic shelf, development of onshore infrastructure and logistic routes, development of service economy for the Arctic projects, environmental responsibility of shelf projects operators, human resources for the Arctic projects, interaction of industry and education.

The two-day programme of the conference includes the plenary session, thematic sessions, contact exchange. The event is organized by the Association of Arctic projects contractors “Murmanshelf” with the support of the Murmansk Region Government.

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