Society

17:20, 28.07.2008 | Primorye Territory

Governor of Russia’s Far-Eastern Primorye territory Sergei Darkin has done a public presentation of a strategy of the territory’s social and economic development through to 2025.

He presented the document Saturday at the Second Pacific Economic Forum.

The strategy is based on the scenario of the so-called ‘new industrialization’, Darkin said.

“Its main feature consists in the development of basic economic functions, including transit transportation and the setting up of new processing facilities, which will help us to give an entirely new specialization to the economy,” he said.

He named five basic factors that will determine the territorial administration’s strategy over the short term – development of transportation, logistics and power generating clusters, fisheries, innovative activity, and the formation of a Vladivostok agglomerate.

The cluster of facilities for transportation and high-rate refining of hydrocarbon resources will give a new quality to the territory’s economy, Darkin said.

“Construction of the oil pipeline from East Siberia to the Pacific Ocean will give us an opportunity to streamline a new type of industrial activity here, namely, the output of oil products and petrochemical products,” he said.

“Rosneft has already drafted a project for building an Eastern Oil Refinery in our territory with an output capacity for 20 million tons of products a year,” Darkin said. “It’ll be one of the world’s largest refineries.”

Also, the authorities plan installing ramified networks for natural gas distribution and building gas/chemical and gas processing plants in the south of the territory.

The gas/chemical plant will cost a processing capacity of 30 billion cubic meters of gas a year, while the gas processing factory will have a capacity for 26 billion cubic meters of gas.

Also, the Primorsky territory will get a new factory for making mineral fertilizers, Darkin said.

“These project will ensure production growth in the clusters that I mentioned here and will help us get new production and servicing centers that will support oil and gas projects on Sakhalin,” he said.