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02.01.2018 16:22
Putin Introduces Exclusive Right for Russian Vessels to Carry Oil and Gas Over NSR

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Russian President Vladimir Putin signed a law stipulating the exclusive rights of vessels under the Russian flag to carry oil, oil products and gas in the water area of the Northern Sea Route (NSR).
Amendments are introduced into the Russian Merchant Shipping Code. Amendments suggest that pilotage, sanitary, quarantine and other controls, protection and preservation of marine environment in internal sea waters and/or in the Russian territorial sea should be made exclusively with use of vessels navigating under the Russian state flag. The same is also required for icebreaking and icebreaking pilotage in the water area of the Northern Sea Route, marine transportation of oil, natural gas, gas condensate and coal produced in the territory of Russia and/or in the territory under its jurisdiction. The list goes on to include storage of oil and oil products, natural gas (including liquefied), gas condensate and coal, if such storage is made on board of a vessel in the Northern Sea Route water area.
The Northern Sea Route is the main sea artery in Arctic Russia, Reuters reminded. The distance from St. Petersburg to Vladivostok over the Northern Sea Route is above 14,000 km. For comparison, the distance via the Suez Canal is over 23,000 km.

TAGS: Russia | Vladimir Putin | law | ships | vessels | exclusive rights | transport | oil | gas | Northern Sea Route | NSR 

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