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8.2
Putin launches Vostok Oil project, first Arctic crude loading at Bukhta Sever
President of Russia (Kremlin)HI·RU·about 6 hours ago
Rosneft's Vostok Oil project has loaded its first oil at the Bukhta Sever terminal, with plans to supply 30 million tons in H2 2027 and potentially reach 100 million tons annually if market conditions allow. This marks a significant step in Russia's Arctic oil development, though Western sanctions and logistical challenges may constrain output.
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