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2010 April 9   10:29

Oil shipments via Varandei Port up 12.6%, to 1.939m tons, Q1, 2010

In January-March, the volume of oil transshipment through the port of Varandey (Nenets Autonomous Region) rose by 12.6% from Q1, 2009, to 1.939.900 tons, PortNews IAA reports quoting the Port Authority statement. This March, the oil volumes have reached 761.900 tons.

In 2008 LUKOIL Group completed the construction of the Varandey oil shipping terminal of annual capacity of 12 million tons of crude oil (240.000 bpd). Since June 2008 Varandey Port has been shipping oil via its Terminal transported from the Timan-Pechora oil fields, primarily in South Hylchuyusk deposits, being developed since summer of 2008.

In these years over the project’s facilities have been put into operation, a stationary ice-resistant marine offloading pier, shore tank farm of a capacity of 325.000 square meters, two lines of the underwater pipeline, as well as oil metering, auxiliary tanks, a pumping station, power supply facilities, a field camp for workers and other infrastructural facilities. The overall investments in the project reached $1.1 billion, in 2008 - $163 million.

The Terminal operations scheme includes ice-class shuttle 70.000dwt tankers supplying crude to the floating oil storage offshore facility located in the freezing waters off Murmansk. Further shipments are carried out by 150.000-dwt linear tankers exporting crude oil to Western Europe and the USA. In 2008, the Varandey Terminal has seen some 7.380 million tons of crude oil.

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