CEOWORLD magazine - Latest - CEO Advisory - Extreme Weather Has Not Deterred Ruslan Baisarov from Getting the Work Done

CEO Advisory

Extreme Weather Has Not Deterred Ruslan Baisarov from Getting the Work Done

Ruslan Baisarov Sabetta Seaport

SK Most Group of Companies, owned by Russian entrepreneur Ruslan Baysarov, has finished building a number of facilities at the critically important for the arctic infrastructure Sabetta Seaport, located on the Yamal Peninsula. The idea behind the port construction is to ensure year-round navigation on the Northern Sea Route and to provide a lot of additional opportunities to cargo ships thanks to its ideal location. SK Most was chosen by Federal State Unitary Enterprise “Rosmorport” that spent a considerable amount of time trying to find a contractor capable of constructing the port amid harsh conditions of the North. The choice was made based on the company’s significant experience in implementation of complex infrastructure projects.

Development Of Gas Industry

Another planned development on the Yamal peninsula is a new gas-processing plant, which is expected to become key to the development of Russia’s gas industry. The Arctic shelf has a total of 61 large gas fields, and 43 of them are located in Russia, accounting for around half the gas reserves in the country. The potential for development in this region is massive, but improvements to infrastructure are required for that potential to be realized to the full.

Significantly higher volumes of gas will soon be produced on the Yamal Pensinsula for further sale throughout Europe and Asia. Some 16.5 million tons of LNG production per year is anticipated by 2020, and 1.2 million tons of gas condensate is expected to be exported. Analysts say that in ten years the Russian Federation’s share in the LNG market could reach up to 15%.

The Sabetta Port is expected to play an important role in increasing freight traffic in the region. Experts estimate that the amount of cargo turnover, 10.96 million tons, from January to September 2018 only doubled in comparison to the same time period in 2017. As a result Sabetta has shown the highest growth rate on this indicator among all other Russian ports. The construction of a 170-km-long railroad from Bovanenkovo to Sabetta will also contribute to this growth.

Ruslan Baisarov Sabetta

Overcoming All Challenges

The construction of Sabetta port is a unique project. It was built from scratch under harsh weather conditions that included severe frost and over terrain consisting mainly of marshland. In fact there are only 70 days a year from August to October during which work on the project can really be accomplished.

SK Most Group of Companies also faced a complete lack of transport infrastructure. Experts were tasked with the excavation of a 12.4-meter-deep approach channel before they were able to start dredging operations and building coastal infrastructure facilities and all necessary hydraulic structures such as berths, a hydro-meteorological station, and a control and correction station. All the works on the construction site were carried out in compliance with strict environmental-protection measures.  Specialists of SK Most Group of companies believe that respect for nature is crucial while carrying out any kind of work.

Experienced Team in Large-Scale Infrastructure Projects

This is not the first time Ruslan Baysarov has been involved in a project of this scale or complexity. SK Most Group of Companies has brought to life such major projects as a bridge to Russky Island for the APEC 2012 Summit in Vladivostok as well as the construction of the combined motorway and railway route Adler-“Alpika Service” for the Sochi Olympics.

Like all other projects handled by Ruslan Baysarov, the Port of Sabetta is a future-oriented project. The goal is to facilitate the region’s sustainable economic development, to unleash its investment and export potential, thus enhancing the long-term development of the Russian economy.

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CEOWORLD magazine - Latest - CEO Advisory - Extreme Weather Has Not Deterred Ruslan Baisarov from Getting the Work Done
Anna Papadopoulos
Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at