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Vera Port

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Vera Port is a proposed coal maritime terminal near Cape Otkytiy in Primorsky region, Russia. The capacity would be 20 million tonnes.[1] Plans include mining Russia's Ogodzhinsky coal deposit.[2]

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Background

In December 2013, Russian state technology conglomerate Rostec announced its plans to build a coal port in Russia's Far East. The project cost has been estimated at US$1 billion. About half of the funds would be spent on the construction of the transport infrastructure.[3]

In September 2014 Rostec and China-based Shenhua Energy said they planned to invest up to US$10 billion in a coal mine project along with the coal terminal, mining the Ogodzhinsky coal deposit in the Amur region. Construction on the terminal was planned to begin in 2015 and become operational in 2018-2019.[2]

Project Details

  • Sponsor: Rostec (Russia)
  • Location: Primorsky Krai, Russia
  • Proposed Coal Capacity (Million tonnes per annum): 20
  • Status: Construction planned to begin in 2015
  • Projected In Service: 2018-2019
  • Type: Exports
  • Source of Coal: Ogodzhinsky coal deposit, Russia
  • Cost: US$1 billion
  • Financing: Rostec, Shenhua Energy (China)

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