• 2011 September 8 13:57

  Crude exports via Varandey terminal down to 2.4 million tons

  

  The volume of Russian crude oil exports through Varandey terminal in January-August of this year decreased by 1.7 times compared with the same period of 2010, to 3.04 million tons, the Arkhangelsk Port Authority said.
  

  In August, the terminal handled 277,800 tons of export oil.
  
  Russian oil major LUKOIL put into operation the terminal located in the Nenets village of Varandey more than two years ago. The terminal was designed for export of crude oil extracted by LUKOIL in Timan-Pechora oil and gas province. In 2008, the volume of oil shipments via the terminal was 1,7 million tons, in 2009 – 7,5m, in 2010 – 7,44m.
  

  The fixed offshore ice resistant oil export terminal (FOIROT) comprises: onshore tank farm with the total rated capacity of 325,000 cbm; fixed offshore ice resistant oil terminal located 22 km offshore; two underwater pipelines connecting the onshore tank battery and the FOIROT and other production facilities.
  
  The oil cargo is transported by 20,000dwt shuttle tankers to the Murmansk FSO vessel Belokamenka for further transshipment onto large-tonnage tankers.
  
  The Varandey project was implemented by LUKOIL jointly with ConocoPhillips. The crude oil is exported mainly to the U.S. and Canada market.
  
  

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2024 November 2

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