The volume of crude oil exported from Varandey Oil Terminal in November 2012 doubled as compared with the same period a year before, to 421,400 million tons. However, oil shipments through the offshore facility in January-November totaled 2.73 million tons of oil, which a 26.2% decline year-on-year, the Arkhangelsk Port Authority said.
Varandey Oil Export Terminal was constructed for exports of oil extracted by LUKOIL in Timan-Pechora oil and gas province. In 2008, crude shipments through the terminal totaled 1.7 mln tons, in 2009 - 7.5 mln tons, in 2010 - 7.44 mln tons. Last year, LUKOIL exported through the facility 3.91 million tons of crude oil.
The fixed offshore ice resistant oil export terminal (FOIROT) comprises the following facilities: onshore tank farm with the total rated capacity of 325,000 cubic meters; fixed offshore ice resistant oil terminal located 22 km offshore; two underwater pipelines, 820 mm in diameter, connecting the onshore tank battery and the FOIROT, other production facilities.
The oil cargo is transported by 20,000dwt shuttle tankers to the Murmansk-based FSO Belokamenka for further transshipment onto large-tonnage tankers.
The Varandey project was implemented by LUKOIL jointly with ConocoPhillips. The commodity is exported mainly to the U.S. and Canada market.
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