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New Russian shipyard for tankers and oil rigs

Photo: sovcomflot.ru

Russia’s Vneshekonombank confirms that it is ready to grant up to 28 billion RUB on the construction of a new shipyard in Primorsk on the Baltic Sea coast.

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The shipyard will be designed to construct large-scale tankers, LNG carriers and drilling rigs, Vedomosti reports. It is Russia’s major plans for shelf development, which is the underlying reason for the planned investments.

VTB leader Vladimir Dmitriyev in a meeting with Prime Minister Putin yesterday said that his bank is ready to provide up to 28 billion RUB for the construction of the new yard, a government press release informs.

According to newspaper Vedomosti, board director of the Vyborg Yard Georgy Poryadin has earlier said that the new yard can be constructed in three years.