Primorsk Oil Terminal’s throughput in Jan-Jul falls 12% to 31.38 million tonnes
Shipments of crude and oil products via Primorsk Oil Terminal (PTP) in the seven-month period (January-July) of 2018 totaled 31,381,800 tonnes, representing a 12% decline year-on-year, the port authority statistics shows.
In the reporting period crude oil exports through Primorsk shrank by 18% to 22 million 232,100 tonnes, while oil products volume increased by 7% on the 7-month period 2017 to 9 million 149,700 tonnes.
In 2017 total crude / petroleum exports via PTP dropped 11% to 57.60 million tonnes
Primorsk Oil Terminal (PTP) is Russia’s premier port in the country’s North-West region for exports of crude oil and petroleum products. PTP is the terminus of the Baltic Pipeline System (BPS) and main pipelines Kstovo-Yaroslavl-Kirishi-Primorsk (North Project) and JSC Transnefteproduct. Russia's major oil loading terminal with a 30% share of total exports of Russian oil (about 70 million mt / day). Large volumes are shipped to Nordic countries. An additional freight railway from Sosnovo to Vyborg will significantly increase the cargo turnover of Primorsk trade port.