In January-November 2007, the volume of oil products exported by LUKOIL via its oil terminal in Vysotsk (Leningrad region) grew by 29.8%, year-on-year, to 10.8 million tonnes, PortNews IAA learnt from the company. According to the source, export of heavy fuel oil totaled 3.296.506 million tonnes, vacuum gas oil – 3.172.138 million tonnes, diesel fuel – 4.366.727 million tonnes. In the reported period the terminal dispatched 373 tankers. Total volume of coastal trade oil products dispatched via the terminal amounted to 14,880 tonnes including 12,029 tonnes of heavy fuel oil and 2,851 tonnes of diesel fuel.
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 80,000 tonnes. Total volume of investments into the project amounted from the beginning of its implementation to $540 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.