Sever Terminal

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Sever Terminal was a proposed coal export terminal at Cape Petrovsky, near Vostochny Port by the Sea of Japan in Eastern Russia.

Location

The undated satellite photo below Cape Petrovsky, where the port would have been built. The Vostochny Port is located to the northeast.

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Background

In February 2015 the Russian government said it was planning a 20 million tonne per annum (mtpa) coal facility to be called the Sever terminal at Cape Petrovsky, near the existing port of Vostochny in Nakhodka. Construction was planned to begin in the spring of 2015. The terminal would aim to increase coal supplies to the Asia-Pacific region.

The terminal was estimated at $US340 million, which would be provided by the federal budget and a further US$190 million by private investors, including Russian engineering group Summa and the China Development Bank. The terminal would also involve the building of over 50 kilometers of railroad track, 11 bridges and overpasses, and four berths with a length of over 900 meters. Throughput would begin in 2018, starting at approximately 6 mtpa and reaching the full 20 mtpa capacity by 2025.

The Sever coal terminal was the second planned for the region; in 2015, construction was already underway on the 18Mta Sukhodol Terminal, which would also ship coal to the Asia-Pacific region.

In summer 2019 it was announced that the shareholders of Vostokugol management company (Dmitry Bosov and Alexander Isaev) acquired the coal terminal Sever, earlier owned by Otkryty Port Nakhodka JSC. The source stated that construction of the terminal was started, but suspended in 2018 due to the lack of state budget funds. Vostokugol planned to complete construction of the terminal using own funds, with planned commissioning in 2022.

Since then there have been no updates on the Sever Terminal and the project appears to be cancelled.

Project Details

• Owner: Private individuals
• Parent:
• Location: Cape Petrovsky, Eastern Russia
• Proposed Coal Capacity (Million tonnes per annum): 20
• Status: Cancelled
• Projected In Service: 2018
• Type: Exports (Asia-Pacific region)
• Source of Coal:
• Cost: $US340 million
• Financing: Russian government, private investors including Summa, China Development Bank

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