The port is a joint venture between Novatek—a large producer of natural gas—and the Russian government. The groundbreaking ceremony was held in July 2012, but construction of the port itself was scheduled to begin in the summer of 2013. The project includes a large LNG plant, capable of producing 16.5 million tons of LNG per year. The port would allow LNG to be exported by sea, year round, from Siberian oil & gas fields. Construction of the LNG plant itself is contracted to JGC and Technip.
In December 2014, amid the 2014–15 Russian financial crisis, the Russian government gave a 150 billion rouble subsidy to the LNG project.
As well as LNG exports, some goods imports are expected too; the port plan includes at least one berth for customs inspections of foreign ships.
- "Russian crisis money for Yamal". Barents Observer. 5 January 2015. Retrieved 12 January 2015.
- "Port of Sabetta". Ship Technology. Retrieved 12 January 2015.
- "Construction of Sabetta port to start this summer". Barents Observer. 17 April 2013. Retrieved 12 January 2015.
- "More details announced for the Arctic Northern Sea Route expansion" (16 December 2014). Siberian Times. Retrieved 12 January 2015.
- "Putin opens Russia's $27bn Arctic LNG plant". Russia Today. 2017-12-08. Retrieved 9 December 2017.
- Gudjonsson, Heidar; Nielsson, Egill Thor (March 31, 2017). "China's Belt and Road Enters the Arctic". The Diplomat. Retrieved April 1, 2017.
The proposed $3.22 billion railway connecting Sabetta Port to the Eurasian railway network was recently awarded Russia’s infrastructure project of the year.
- "Sabetta Port Project". DEME. Archived from the original on 6 March 2015. Retrieved 12 January 2015.
- "DSME beats Hyundai Heavy in shipbuilding performance". Hellenic Shipping News. 6 January 2015. Archived from the original on 2 August 2015. Retrieved 12 January 2015.
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