News

The fate of the Russian Barents Sea oil pipeline

Publish date: February 14, 2006

Russian oil pipeline monopoly Transneft states that a technical and economic feasibility study on the construction of an oil pipeline to the Barents Sea coast and a terminal in the settlement of Indiga will be presented by the end of the year.

Preliminary studies do however show that the amount of oil available for the project could be too little, BarentsObserver reported. The last years’ build-up of oil export infrastructure in the Russian North could have made the construction of the pipeline and terminal project superfluous. Transneft seriously started to study the project in spring 2004, when experts found a suited site for the export terminal.


One year ago deputy head of the company, Sergey Grigoriev, said that his company could construct the pipeline from Kharyaga to Indiga, as well as the terminal, within 2 years. According to him, construction costs would amount to 2.1 billion dollars. Transneft has made significant changes in the project since then. Projected capacity of the pipeline is now decreased from 24 million tons per year to 12 million tons. The estimated price for the construction is also significantly increased. The expected cost of the project is 3.5 billion dollars.

More News

All news

6th meeting of the Carbon Removal Expert Group summary and feedback 

The Carbon Removal Certification Framework (CRCF) has been formally approved by the Council on the 19th of November 2024 and entered into force on the 9th of December 2024, providing an official mandate for the Commission to develop methodologies on carbon farming and carbon removals. However, the technical documents and specifications are still being drafted and revised for input from the Carbon Removals Expert Group (CREG), of which Bellona is a member. 

Photo: Christening of Northern Lights’ first CO₂ carrier in Stavanger in 2025, by Olav Øye

A great leap towards a scaled European market for CCS: Northern Lights expands storage capacity, will store CO₂ from Stockholm  

Europe’s only multi-source, injection-ready CO₂ storage site will more than triple its capacity by 2028. The decision follows an agreement with Stockholm Exergi to transport and store up to 800 – 900 kilotonnes of CO₂ per year. “This decision is years in the making, and the culmination of decades of hard work from many, Bellona included” says Bellona Europa Director Jonas Helseth.

Subscribe to our newsletter

Get our latest news

Stay informed