Bukhta Sever Ships First Vostok Oil Cargo as Rosneft Volumes Are Questioned
Bukhta Sever, the Arctic terminal for Rosneft’s Vostok Oil project, has sent its first export cargo. Sechin had promised about 30 million metric tons in the second half of 2027, but Northern Sea Route shipping is seasonal and icebreaker-backed capacity is tight. The article notes far lower shipments in 2024 and doubts that production clusters can reach the stated volumes.