Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Power restored to Russia's main naval base home town after four days, governor says
    Finance

    Power restored to Russia's main naval base home town after four days, governor says

    Published by Global Banking & Finance Review®

    Posted on January 27, 2026

    2 min read

    Last updated: January 27, 2026

    Featured image depicting the MeridianLink logo, highlighting the company's acquisition by Centerbridge Partners for $2 billion. This deal signifies a growing trend in private equity buyouts within the finance sector.
    MeridianLink financial software firm announcement of $2 billion acquisition by Centerbridge - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:insurancefinancial crisiseconomic growthpublic policyinvestment

    Quick Summary

    Power was restored in Severomorsk, home to Russia's main naval base, after a four-day blackout due to collapsed power lines.

    Table of Contents

    • Impact of Power Restoration in Severomorsk
    • Background on the Naval Base
    • Cause of the Blackouts
    • Significance of Closed Towns

    Power restored to Russia's main naval base home town after four days, governor

    Impact of Power Restoration in Severomorsk

    MOSCOW, Jan 27 (Reuters) - Power was restored on Tuesday to the home town of Russia's main naval base after four days of blackouts caused by the collapse of aging power lines during bad winter weather, the regional governor said.

    Background on the Naval Base

    The closed town of Severomorsk, the headquarters of Russia's Northern Fleet on the Barents Sea's Kola Bay, is home to Russia's most important naval command. It controls Russia's biggest fleet of ballistic missile submarines and extensive arsenals of nuclear warheads, missiles and repair yards.

    Cause of the Blackouts

    Andrei Chibis, the governor of the wider Murmansk region, said on Tuesday that power had been restored to Severomorsk. Electricity supplies were cut to the northern city of Murmansk and Severomorsk on January 23.

    Significance of Closed Towns

    Five pylons, two of them almost 60 years old, collapsed about 7 km (4 miles) from Murmansk on January 23, according to local media. Two dated from 1966, two from 1982, and one from 1988, according to the Severomorsk online news site.

    Russia's so-called "closed towns," usually around major defence or nuclear installations, have much stricter controls than most other places. Entry is controlled and special permissions are needed to visit.

    (Reporting by Guy FaulconbridgeEditing by Andrew Osborn)

    Key Takeaways

    • •Power restored in Severomorsk after four days.
    • •Blackout caused by collapse of aging power lines.
    • •Severomorsk is home to Russia's Northern Fleet.
    • •Five pylons collapsed near Murmansk.
    • •Closed towns in Russia have strict entry controls.

    Frequently Asked Questions about Power restored to Russia's main naval base home town after four days, governor says

    1What is a blackout?

    A blackout is a temporary loss of electrical power in a specific area, often caused by equipment failure or severe weather conditions.

    2What is a naval base?

    A naval base is a military facility for the docking, maintenance, and operation of naval ships and submarines.

    3What are closed towns?

    Closed towns are areas in Russia with restricted access, often due to their proximity to military or sensitive installations, requiring special permissions for entry.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostGerman auto supplier Aumovio plans to cut up to 4,000 jobs
    Next Finance PostNigeria's ex-oil minister Alison-Madueke given 'luxury' life, UK bribery trial told