Page 11 - RusRPTNov18

as an important political project, many infrastructure plans risk staying in planning limbo and not being finalised, he warns.
The priority goals of the infrastructure spending is improving the regional interconnectivity, boosting transportation throughput, cargo turnover, and West-to-East transit capabilities. Transit transportation is supposed to increase by 35%, with 301km of high-speed highways to be build by 2024 , cutting the time of transit between the Western border to Far East ports from nine days to seven, developing the Northern Sea Route , and others.
The most costly project in the plan is the Europe-West Chine transport corridor budgeted at RUB655bn (RUB390bn from the federal budget). The mega-project of bridge to Sakhalin island, whose economic rationale has reportedly been questioned, is present in the plan, but not yet budgeted.
2.4 Russia’s biggest oil producers
Rosneft is the nation’s biggest producer, with its refineries including Ryazan and Tuapse, accounting for more than 30 percent of the nation’s total supply.
Lukoil ranks behind Rosneft in oil production but usually shares third-place in fuel oil output with Slavneft, having all but eliminated output at Perm and about 75 percent of Lukoil’s fuel oil currently stems from Nizhny Novgorod.
Lukoil mostly ranks behind Surgutneftegas, operator of Kirishi, the refinery that held the top spot in production this year through July.
The drop in Kirishi’s production pushed Slavneft’s Yanos refinery into the top spot in August. Yanos often ranks among the nation’s top producers along with Kirishi and Rosneft’s Ryazan and Tuapse. Slavneft is jointly owned by Rosneft and Gazprom Neft, which has two big refineries of its own.
Gazprom Neft’s share of production has been stable in recent years and was at about 6 percent in July and August.
11 RUSSIA Country Report November 2018 www.intellinews.com