The volume of Russian crude oil exported through the terminal Spetsmornefteport Kozmino (Port Vostochny) in the first quarter of 2012 rose 5.5% year-over-year to 3.8 million tons, the Vostochny Port Authority statistics said.
In March, crude shipments from the facility fell 7.62% from last year’s figure to 1.2 mln tons.
Spetsmornefteport Kozmino LLC (Special Oil Port of Kozmino, Primorsky Territory), a subsidiary of Transneft JSC, started operating in late 2009. Kozmino Oil Terminal is the terminus of the ESPO Oil Pipeline (Eastern Siberia-Pacific Ocean). While the ESPO project is under construction the crude oil is being delivered to the terminal by the railroad.
Kozmino Oil Terminal capacity is 15 million tons of oil a year, expandable to 30m t/y. The first export oil cargo was shipped from the terminal on Dec. 28, 2009. Russian oil exports through Kozmino in 2011 totaled 15.19 million tons. The commodity is exported primarily to the Asia-Pacific region.