“Rosneft” and Ural mining and metallurgical company (UMMC) has agreed to establish a joint venture (JV) “Eastern mining and metallurgical company”, which will supply steel sheet controlled “Rosneft” shipbuilding complex “Zvezda”. This was reported on the website of the oil company.

“In accordance with the agreements, the joint venture will be the anchor supplier of large-format sheet steel to ensure long-term needs of the shipbuilding complex “Zvezda”, – said in a press release. The objective of the joint venture will be the development of the mining and metallurgical industries in the East of Russia, “based on the economic efficiency of the projects.”

“Rosneft” will receive 25% in SP, UMMC 75%.

Shipbuilding complex “Zvezda” is located in the Bay of Bolshoi Kamen in Primorsky Krai. He was commissioned by Russian President Vladimir Putin on 1 September 2016.

The complex is created on the basis of the far Eastern center of shipbuilding and ship repair (dtsss) consortium JSC Rosneftegaz, JSC “NK “Rosneft” and JSC “Gazprombank”. Pilot download complex provides “Rosneft”, which concluded with fesrc exclusive agreement on placement of all orders for the construction of new marine equipment and vessels at its facilities, as well as contracts for design, construction and supply of multifunctional supply vessels with ice class.

The head of “Rosneft” Igor Sechin has previously proposed to build a shipyard “Zvezda” new steel plant, which the company will obtain steel sheet. According to him, this will allow you to save on shipping of such sheets from other companies and will eventually reduce the production cost of the ships on “Star”.

The cost to build the plant in “Rosneft” do not specify. However, according to experts surveyed by RBC, it is at least $ 200 million, and the launch of such a project may take about two years. The cost of construction of the shipbuilding complex “Star” is about 146 billion roubles.

“Rosneft” and UMMC form a joint venture for the supply of metal at the shipyard “Zvezda” 01.12.2016

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