Trade flows passing through the port of Ust-Luga (Leningrad region) in January-February 2011 increased by 25% compared with the same period in 2010, to 1,720,100 tons, the Port Authority press service said. The bulk of handled volume, was coal and coke – 1,114,700 tons.
In February, cargo throughput rose by 30% to 891,100 tons. The monthly volume of coal and coke decreased by 1% to 533,300 tons. Exports of petroleum products amounted to 133,200 tons.
Port of Ust-Luga is located on Russia’s border with the EU. Its 16-m deep harbor and a short 3.7-km approach canal make Ust-Luga the major Russian port on the Baltic Sea capable of accommodating 75,00dwt bulkers and 120,000dwt tankers. In 2010, cargo throughput of Ust-Luga totaled 11,8m tons and 65,500 imported vehicles. The Ust-Luga company expects the cargo volume to increase by 2018 to 180 million tons.
Besides, Rosterminalugol (owned by Kuzbasrazrezugol) operates the coal terminal (in 2010 it handled 7,5m tons) at the port.
The port also is currently implementing a liquid bulk terminal project worth RUB 25bn and with capacity of 30 million tons. Customer-developer of the project is Rosneftbunker (owned by Gunvor). The project is being implemented with the assistance of a $200m loan from Vnesheconombank. This year the volume of oil exports through the terminal is expected to reach some 10-11 million tons. In Jan. 30, the terminal loaded the first shipment of export oil onto the 47,000dwt product tanker SCF Neva (owned by Sovcomflot).
The terminus of the Phase 2 Baltic Pipeline System (PBS-2) - the Marine Export Oil Terminal of JSC Transneft - is reported to be launched In December 2011.
In February, cargo throughput rose by 30% to 891,100 tons. The monthly volume of coal and coke decreased by 1% to 533,300 tons. Exports of petroleum products amounted to 133,200 tons.
Port of Ust-Luga is located on Russia’s border with the EU. Its 16-m deep harbor and a short 3.7-km approach canal make Ust-Luga the major Russian port on the Baltic Sea capable of accommodating 75,00dwt bulkers and 120,000dwt tankers. In 2010, cargo throughput of Ust-Luga totaled 11,8m tons and 65,500 imported vehicles. The Ust-Luga company expects the cargo volume to increase by 2018 to 180 million tons.
Besides, Rosterminalugol (owned by Kuzbasrazrezugol) operates the coal terminal (in 2010 it handled 7,5m tons) at the port.
The port also is currently implementing a liquid bulk terminal project worth RUB 25bn and with capacity of 30 million tons. Customer-developer of the project is Rosneftbunker (owned by Gunvor). The project is being implemented with the assistance of a $200m loan from Vnesheconombank. This year the volume of oil exports through the terminal is expected to reach some 10-11 million tons. In Jan. 30, the terminal loaded the first shipment of export oil onto the 47,000dwt product tanker SCF Neva (owned by Sovcomflot).
The terminus of the Phase 2 Baltic Pipeline System (PBS-2) - the Marine Export Oil Terminal of JSC Transneft - is reported to be launched In December 2011.