In 2013, the volume of production and shipment by Sakhalin Energy of Vityaz Blend Crude from the oil port of Prigorodnoye totaled 5.4 million tonnes (more than 42 million barrels), which is 1.8% below the same period in 2012, the company said.
In 2013, the share of China in procurement of the Company's product increased year-on-year and now accounts for 41% of total Viyaz Crude shipments.
Overall, in there reporting period, the crude oil blend was purchased by 11 companies from four countries.
The product was delivered through 16 transit and destination ports in Japan, China, Korea, and the Philippines.
The Vityaz Crude Oil is a special brand offered by Sakhalin Energy for Asia-Pacific market. It is a blend of low-sulfur light sweet crude oil and gas condensate and its quality is similar to light oil exported from Oman.
Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) is the operator of the Sakhalin-2 project under a Production Sharing Agreement with the Russian Federation. The company was formed in 1994 to develop the Piltun-Astokhskoye oil field and the Lunskoye gas field in the Sea of Okhotsk offshore Sakhalin Island in the Russian Far East. Under the shareholding structure of Sakhalin Energy, Gazprom holds 50% plus 1 share, Shell 27.5%, Mitsui 12.5% and Mitsubishi 10%.