The Risks Behind Rosneft’s New Megaproject In September 2026, Rosneft plans to begin the first oil shipments from the coast of the Taymyr Peninsula as part of its Vostok Oil megaproject. The idea for the project was first put forward in 2019 by Rosneft CEO Igor Sechin, who promised to create a “world-class” oil cluster and to secure cargo flow along the Northern Sea Route.