All news

Gazprom Neft gets quota for pumping 6 mln tonnes of oil via ESPO pipeline as of 2016

MOSCOW, January 13, /ITAR-TASS/. Gazprom Neft has received a quota for transportation of six million tonnes of oil through the East Siberia - Pacific Ocean (ESPO) oil pipeline starting from 2016, Transneft CEO Nikolai Tokarev told reporters.

Her said the company had given a guarantee that the oil would be delivered from Russia’s gas giant Gazprom’s subsidiary (Gazpromneft Angara) fields located in East Siberia. In the mean time, Tokarev did not rule out certain changes in the oil supplies for the project.

Moreover, the Russian-Chinese intergovernmental agreement on oil export to China provides for the construction of three oil pumping stations that will make it possible to increase oil supplies from 15 million tonnes to 30 million tonnes. The sides continue discussing the construction of another 17 pumping stations to increase oil transportation to the port of Kozmino (Pacific Ocean) to 80 million tonnes. The project is estimated at 170 billion roubles (USD 1 = RUB 33.12).

This year, 21 million tonnes of oil are to be pumped via the ESPO pipeline to the port of Kozmino, as compared to 21.3 million tonnes in 2013.