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Energy Ministry, Transneft, oil companies conside increase in ESPO throughput

October 24, 2013, 11:59 UTC+3
The throughput of the ESPO-1 oil pipeline will be about 60 million tonnes
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KOMSOMOLSK-ON-AMUR, October 24 (Itar-Tass) - Russia’s Energy Ministry, pipeline monopoly Transneft and oil companies are considering an increase in the throughput of the East Siberia-Pacific Ocean pipeline, Transneft President Nikolai Tokarev told the media.

“The Energy Ministry and Transneft, as well as the oil community in general, are interested in addressing their problems,” he said.

Tokarev said the throughput of the ESPO-1 oil pipeline will be about 60 million tonnes, and of ESPO-2, about 30-35 million tonnes.

“A solution of the problem of pipeline capacity shortfalls is under discussion. We have plans for eventually increasing the throughput of ESPO-1 to 80 million tonnes, and of ESPO-2, to 50 million tonnes,” Tokarev said.

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