Sukhodol Terminal

From Global Energy Monitor

Sukhodol Terminal is a coal terminal under construction in Primorsky Krai, Russia.


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The bulk terminal is being constructed by Seaport Sukhodol LLC[1] at Sukhodol Bay in Primorsky Krai, Russian Far East. The terminal is planned to have a capacity of 20 million tonnes per year and will be used for coal exports from SDS-Ugol Holding Company's mines to Russia’s Asia-Pacific markets, including China, India, Korea and Japan.[2]

In February 2014 Russia’s Volga Group acquired a 50% stake in Sukhodol LLC. Volga said that construction of the first stage was scheduled to be completed by 2016. The second and third stages were scheduled to take place between 2019 and 2021. The project was being implemented in partnership with the SDS Holding Company.[2]

In early 2016, the project was put on hold due to an inability to secure financing. Construction resumed in 2017 when SDS-Ugol Holding Company JSC took 100% ownership of the port's project company, Sukhodol LLC.[3]

In August 2020, dredging at the port was underway and was expected to be completed by the end of 2020.[4] In December 2020, project promoters predicted that phase 1 of the port, with 12 million tonnes of capacity, would be operational by October 2021, and that annual traffic would reach 12 million tonnes by 2024.[5] The developers have also stated that capacity could eventually be increased to 20 million tonnes per year.[6]

As of November 2022, there are no indications that the port has begun operations; the port appeared to be still be under construction.

The terminal is expected to become operational in September 2023.[7] In October 2023, the coal terminal was said to be commissioned in November 2023.[8]


In September 2020, two Russian state-owned banks announced that they would provide loans for the project. VEB (formerly Vnesheconombank) provided 5 billion rubles (approximately US$67.5 million) in loans, and VTB Bank provided 27 billion rubles (approximately US$365 million). Prior to this transaction, the owners of the project - SDS-Ugol, Russian Railways, Port Infrastructure Development Center, and businessperson Vladimir Gridin, each of whom owned approximately 25% - all pledged their stakes to VEB and VTB as collateral on the loans, giving the two banks full control of the project.[9][3]

Project Details

  • Owner: Seaport Sukhodol LLC
  • Parent: SDS-Ugol; Russian Railways; Port Infrastructure Development Center; Vladimir Gridin
  • Location: Primorsky Krai, Russian Far East
  • Proposed Coal Capacity (Million tonnes per annum): 20
  • Status: Construction[10]
  • Start Year: 2023
  • Type: Exports (Asia-Pacific)
  • Source of Coal:
  • Cost: 32 billion rubles (approximately US$432 million)
  • Financing: VEB and VTB Bank

Articles and Resources


  1. "About Company". Retrieved November 2023. {{cite web}}: Check date values in: |access-date= and |date= (help)CS1 maint: url-status (link)
  2. 2.0 2.1 "Russian coal terminal construction," Port Strategy, 25 Feb 2014
  3. 3.0 3.1 Новый угольный порт в Приморье начинает перезагрузку, Prima News, Oct. 13, 2020
  4. «Росморпорт» планирует завершить дноуглубление для угольного терминала Суходол до конца года, Port News, Aug. 18, 2020
  5. Угольный терминал в бухте Суходол должен начать работу в октябре 2021 года, Korabel, Dec. 22, 2020
  6. В бухте Суходол построят «Новый порт Владивосток» мощностью 70 млн тонн, Port News, Sep. 3, 2020
  7. Port Sukhodol in Primorye to be put into operation in September 2023 - Primorsky Territory Governor, Port News, February 9, 2023
  8. "В ноябре в Приморье заработает новый угольный порт". October 2023.{{cite web}}: CS1 maint: url-status (link)
  9. VEB and VTB open financing of the Sukhodol seaport, Interfax, Sep. 1, 2020
  10. Port Sukhodol in Primorye to be put into operation in September 2023 - Primorsky Territory Governor, Port News, February 9, 2023

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