Mr. Matvienko said the Company’s grown volumes were possible because the terminal had reached its projected full capacity.
The petroleum products terminal at the port of Primorsk was launched in May 2008. The first phase of the terminal was designed for handling more than 8 million tons/year of light oil transported via the Kstovo-Yaroslavl-Kirishi-Primorsk pipeline (project "North"). In 2009 the terminal handled 4.3 million tons of oil.