LUKOIL is looking into construction of a dry bulk terminal at the port of Vysotsk

LUKOIL says it is interested in construction of a dry cargo terminal for transshipment of coke, coal and pellets in Vysotsk, says press center of the Leningrad Region Government.

The terminal design has been discussed at the meeting of Leningrad Region Governor Aleksand Drozdenko and LUKOIL President Vagit Alekperov. 

The first turn of SPK Vysotsk terminal able to handle up to 7 million tonnes of cargo per year is to be completed by 2021. When fully operational the terminal will handle up to 15 million tonnes per year. The project foresees generation of about 160 jobs.

According to Aleksand Drozdenko, “creation of an up-to-date transshipment facility will ensure further development of port infrastructure in the Leningrad Region and in the North-West Region as a whole”. 

The Governor emphasized that necessary infrastructure is already available in Vysotsk allowing the investor implement the project with cost optimization”.