Head of Russian Government Dmitri Medvedev signed a decree on the construction of a large seaport in Sabetta, Yamal Peninsula, Oblastnaya Gazeta reports.

In addition to the infrastructure necessary to transport the mineral resources, the port will also have some facilities for handling shipments from Sverdlovsk Region. In 2012-2016, 47.2bn RUR will be allocated from the federal budget and 25.9bn RUR will come from the non-budgetary funds to put up these facilities. Following the launch of the Northern Line (Salekhard-Nadym railway link), the Ural Region will have an access to the sea.

‘Our scientists did a research on what kind of freight our region could deliver to the Polar and Sub-Polar Urals and from there to the other parts of Russia and the world. The possible options include the oil and gas equipment (drilling devices, pumping units, sleeve joints, natural gas liquefaction units) and metallurgical produce,’ says the leading researcher from the Nature Resource Management Problems Department of the Russian Academy of Sciences’ Economics Institute Vyacheslav Pakhomov.