The construction of Distribution-and-Transshipment Complex (DTC)- Vysotsk “LUKOIL-II" (Leningrad region, Gulf of Finland) of LUKOIL OJSC was finalized in September 2006 with commissioning of the project’s third stage. The first phase of DTC was opened in July 2004, the second one – in April 2005. This sea terminal with annual capacity of 12 million tonnes is designed for transshipment of all types of oil products as well as crude oil (the complex started transshipment of crude oil in the first year of its operation). Besides LUKOIL’s own cargo the complex transships exported fuel of TNK-ВР. Total capacity of the terminal’s tank farm totals 460 thou cubic meters. DTC has three discharge railroad overpasses for each type of oil products and a berth to accept river tankers with heavy fuel oil. The depth of marine access canal enables the terminal to accept larger tankers with capacity of 80-100 thou tonnes. Total volume of investments into the project amounted from the beginning of its implementation to $573 million. The construction of the terminal was carried out jointly with American engineering company Fluor Corporation, the credit for construction was granted by American private investment fund HBK Fund, the guarantors of the credit was US state agency Overseas Private Investment Corporation (OPIC) and Credit Swiss First Boston bank.
Export via DTC "LUKOIL-II" (Vysotsk) totals 4.3 million tonnes in Jan-May, 07, y-o-y
In May 2007, DTC "LUKOIL-II" (Vysotsk) exported 1.106 million tonnes of oil products including 373.4 thou tonnes of heavy fuel oil grade М-100, 395.8 thou tonnes of diesel fuel and 336.8 thou tonnes of gas oil. In January-May 2007 the terminal exported 4.291 million tonnes of oil products including 1.315 million tonnes of heavy fuel oil, 1.313 million tonnes of gas oil and 1.663 million tonnes of diesel fuel. In the reported period the terminal handled 151 sea-going vessels.