Rosneftbunker Terminal (Port of Ust-Luga)
Oil product terminal "Rosneftbunker" (operates on behalf of oil trader Gunvor) was launched in a test mode on January 31, 2011. The projected annual capacity of the facility is 30 million tonnes of cargo. The total cost of the project is about RUB 26 billion. In 2011, oil product exports through the Rosneftbunker terminal reached nearly 6.5 million tons, a source in the Ust-Luga Port Authority told IAA PortNews. The terminal is part of the liquid bulk cargo complex, which berths will also be used for oil shipments supplied to the port through the Baltic Pipeline System-2 (BPS-2) operated by state-owned Transneft.
