Rosatom reported a shortage of 14.9 billion rubles. for the construction of a port for the Northern Sea Route

Rosatom reported a shortage of 14.9 billion rubles.  for the construction of a port for the Northern Sea Route

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The Rosatom State Corporation lacks 14.9 billion rubles. from the budget for the construction of a port terminal on the Chukotka Cape Nagleynin. About it RBC said Deputy Director of the Northern Sea Route (NSR) Project Implementation Department – Head of Rosatom NSR Infrastructure Development Department Konstantin Stasiuk.

According to him, there are not enough funds for 2025-2026. Currently, the budget contains funds only for the current year. “We entered the project with an unresolved issue of financing. The Ministry of Transport has committed itself to allocate 12.4 billion rubles from the budget through the Transport System Development program. for 2025,” said Mr. Stasiuk (quoted by RBC).

He noted that while working on the project, the allocated funds were redistributed and spent on other purposes. Now additional financial investments are required to build the terminal.

The state corporation submitted a budget request to the Ministry of Finance of the Russian Federation back in 2023, but it was rejected. The Ministry of Finance explained its decision by saying that the Ministry of Transport should have provided the funds. None of these ministries responded to the corresponding request from RBC.

It is planned to export ore from the Baimskoye deposit from the terminal in Chukotka. The Baimskaya porphyry copper area is one of the richest in the world, which includes 13 deposits with a resource potential of 23 million tons of copper.

After increasing sanctions pressure from Western countries and due to a reduction in non-resource exports, the Russian government is preparing new measures to support domestic companies that operate abroad.

Read more about this in the material “Export to your own”.

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