Transneft says no petroleum products will flow to Ventspils or Riga by 2018
Board Chairman and President of Transneft Nikolai Tokarev says no petroleum products will flow to Ventspils or Riga by 2018. According to the transcript of RF President’s meeting with Nikolai Tokarev, the Company has redirected freight flows from the Baltic ports of Ventspils and Riga to Russia’s Baltic ports of Ust-Luga and Primorsk, and also to Novorossiisk.
“Last year, around 9 million tonnes were shipped through the Baltic ports, while this year the figure was 5 million tonnes. By 2018, we will reduce this flow to the Baltic ports to zero and will direct it to our ports instead, as we have surplus capacity”, said Nikolai Tokarev.
When briefing Vladimir Putin on the Company’s current activity Nikolai Tokarev said the refineries currently provide up to 32 million tonnes of petroleum products for shipping through Transneft’s mainline system, and capacity currently not needed for crude oil transport will be re-profiled to ship petroleum products. “This will enable us to ship up to 25 million tonnes of diesel fuel to Primorsk, and to Novorossiisk from the Volgograd refinery within the Krasnodar Territory group of refineries”, he added.
Transneft President also said the Company has increased Kozmino’s capacity. “It will be possible to load 150,000 tonne tankers there now, and this will make it possible to work more intensively”, he explained.
