Russia's Transneft completes expansion of oil pipeline to port of Primorsk 1 year ahead of schedule - company president
MOSCOW. Jan 10 (Interfax) - Transneft completed the expansion of its oil transportation capacities towards the port of Primorsk in the Leningrad region in 2024.
"The project to expand the oil pipeline in the direction of the port of Primorsk was completed one year ahead of schedule. The project to increase throughput capacity towards the port of Novorossiysk is proceeding rapidly. An expansion of the ESPO [Eastern Siberia - Pacific Ocean] pipeline system and an increase in the capacity of tank farms are being carried out," the company's president Nikolai Tokarev was quoted as saying in the corporate journal Pipeline Transportation of Oil.
The plan to expand Russian oil export infrastructure to 2026 approved by Deputy Prime Minister Alexander Novak calls for increasing the system's throughput capacity by 32 million tonnes. This includes expanding the capacity of trunk pipelines to the ports of Primorsk and Novorossiysk by 10 million tonnes and 15 million tonnes, respectively, in 2025.
The ESPO transports oil from fields in Eastern Siberia to Russian refineries and for export through the Port of Kozmino. The pipeline is operating at maximum design capacity, carrying 80 million tonnes per year from the Taishet main pump station to the Skovorodino pump station and more than 50 million tonnes per year along the section from the Skovorodino station to the Kozmino oil handling seaport.