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2007 March 30   15:56

LUKOIL to start operation of crude transshipment complex in Varandei in fall 2007

In fall 2007 LUKOIL OJSC plans to put its new crude oil transshipment complex in Varandei (Nenets Autonomous District) into operation, PortNews IAA learnt from LUKOIL representative. The complex is designed for export of crude oil from Varandei field of Timano-Pechersk oil-and-gas province. The complex will be built located close to a terminal of Murmansk Shipping Company (MSC) and will engage its crude oil tank farm.

LUKOIL terminal is a pipeline running into the Barents Sea as far as 18 kilometers from the tanks built earlier (being used by MSC project). The line ends with a single ice-resistant terminal (platform) where tankers with a capacity of up to 150,000 can moor. The platform is to be tugged to Varandei from Kaliningrad in summer 2007.

First tanker to be loaded with crude at LUKOIL terminal in Varandei will have the capacity of about 20 thou tons, the agency’s source thinks. Commissioning may take up to half of a year so first large-capacity tanker (150,000) may not call to Varandei before 2008, he said. One tanker will be able to be loaded every day. However, volume of crude dispatched from the terminal will depend on the capacity of oil well, which is to reach its design capacity (240 barrels per day) by 2010. All this crude is planned to be exported via Varandei terminal.

As of today, all crude produced at this field is transshipped at the terminal built by MSC. In 2006 Varandei throughput totaled 501 thou tons while its design capacity is 1.5 million tons. Shuttle-tankers come to the terminal and deliver small volumes of crude to the Belokamenka terminal in the Kola Bay (storage tanker owned by Rosneft) for further accumulation of a larger volume. The agency’s source thinks as soon as LUKOIL commissions its project in Varandei, loading of MSC’s terminal will be terminated and MSC’s pipeline will be dismantled. Thus, by 2009 there will be only LUKOIL export terminal in Varandei.

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