The hull of the Oskar-II class nuclear submarine Belgorod is completed but the technical equipment and the missile tubes are not installed. The submarine is 80% completed and requires $100m to finish the construction but only $200m were spent on Belgorod last year. The submarine can be ready not later than 2007 if enough financing is provided the Sevmash representative said to Interfax.

The Oskar-II class nuclear submarine Belgorod was laid down in July 1992. At present all the Russian Oscar-II class submarines are in the reserve after the Kursk tragedy.