The Baltic Sea port of Primorsk has also been expanded, and is one of Russia’s biggest projects, totalling around $2.2bn. The port’s increased capacity means that four tankers with a displacement of 100,000 tons each can be received simultaneously. Khristenko said state-owned oil pipeline monopoly Transneft, which is the operator of the Baltic pipeline system, had paid off almost all the loans it had taken out for the project.
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Baltic pipeline system reaches design capacity
Wed, 19 April 2006
THE Baltic pipeline system has reached its full design capacity of 1.3m brl/d, Russia’s industry and energy minister said on 7 April. The first stage of the pipeline was opened in 2001 with a 240,000brl/d capacity.
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