Tariff accord clears way for Russian oil exports through Med

03/04/2002
By year end, Russian crude oil may be moving out of a deepwater terminal on the Mediterranean Sea into world export markets, thanks to a tariff accord ratified in late 2001 by Ukraine.Russian Urals blend would flow 1,987 miles via the Druzhba and Adria pipeline systems west to the Croatian port of Omisalj, the final link being a newly reversed 110.5 mile, 36-in. line from the inland terminal at Sisak, Croatia. Click here to enlarge imageAt Omisalj, the oil would be loaded into tankers up to 500,000 dwt (ultra large crude carriers, or ULCCs) for tran sit through the Adriatic, Ionian, and Mediterranean seas to markets in the US and Asia (map).The agreement and its implications were report...
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