The port of Lavna is built to help Russian companies re-orient trade and circumnavigate international sanctions. Now the grand infrastructure object in the Kola Bay is itself put on the sanction list. The Lavna port is one of the many companies that is included in the major new sanctions package announced by the US Treasury on 10 January.
According to developers, the new seaport in the Kola Bay was to be ready for full-scale operations by late 2024 and already in 2025 be able to handle up to 18 million tons of coal shipments.
But Lavna port is one of the many companies that is included in the major new sanctions package announced by the US Treasury on 10 January.
The inclusion in the list is likely to significantly trouble the development of the project. Possibly, Lavna could end up as a stalled ghost project similar to the nearby Belokamenka LNG Construction Center, where energy company Novatek now is turning off the lights. Regional authorities have over the past two decades actively lobbied the project. In 2022, it got a boost after the Kremlin officially named it a “strategically important project for Russia.”
