Friday, June 20, 2014

This is where Russia will build its Arctic vessels

Zvezda yardBillions are invested in the Zvezda yard outside Vladivostok to make it capable of meeting Russia’s growing demand for ice-protected ships and platforms.

It is the Far East which is the country’s top priority oil and gas region. This is where the quickest growing markeds are and where the raw material prices are the best.

New fields, processing plants and pipelines are under planning and both Rosneft and Gazprom have signed major cooperation deals with China and several other Asian powers.

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