Russian company Transneft has confirmed the volume of crude oil shipments to Primorsk Oil Terminal for 2012 at amount of 71 million tons, a NCSP Group official told reporters today.
The first deputy CEO of PJSC NCSP Marat Shaydaev, commenting on the possible reduction in the volume of crude oil passing through Primorsk port in connection with the launch of the Ust-Luga BPS-2 Terminal said: "Actually, we can not influence the decisions of Transneft, but so far the first quarter (volume) is expected to be as projected. The volumes have been confirmed."
The first test shipment of crude oil from the Baltic Pipeline System (BPS-2) terminal of the second phase in the port of Ust-Luga was held on March 23, 2012, when the cargo was loaded to SCF Nevsky Prospect.
Moscow-based Transneft is the state-owned Russian company responsible for the national oil pipelines. Transneft owns the largest oil pipeline system in the world, with a total network length of nearly 50,000 km. The company transports about 93% of the oil extracted in Russia.