Crude exports via Kozmino up 10% to 6,2m tons
The volume of Russian crude oil exports through the terminal of Spetsmornefteport Kozmino LLC (Primorsky Territory) in January-May 2011 grew by 10% compared with the same period of 2010, to 6,2 million tons, the Vostochny Port Authority said.
In May, shipments of crude oil increased by 7.7% to 1,29 million tons.
Spetsmornefteport Kozmino LLC (Special Oil Port of Kozmino, Primorsky Territory), a subsidiary of Transneft JSC, started operating in late 2009. Kozmino Oil Terminal is the terminus of the ESPO Oil Pipeline (Eastern Siberia-Pacific Ocean). While the ESPO project is under construction the crude oil is being delivered to the terminal by the railroad.
Kozmino Oil Terminal capacity is 15 million tons of oil a year, expandable to 30m t/y. The first export oil cargo was shipped from the terminal on Dec. 28, 2009. Russian oil exports through Kozmino in 2010 totaled 15.34 million tons. The main consumers of the commodity are in the Asia-Pacific region.
