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Surgutneftegaz studies oil pipeline expansions
10/08/2007
Russia’s Surgutneftegaz, entering discussions over the feasibility of the planned East Siberia Pacific Ocean (ESPO) pipeline, said it can ensure production of 3 million tonnes/year of oil for transportation via the line.Surgutneftgaz has invested about 50 billion rubles in Talakan fields in northwest Yakutia, where oil will be transported via a 40-km spur to the main ESPO pipeline. A similar spur will be laid from its Verkhnechonsk fields in northern lrkutsk.The two sets of fields, which have total estimated reserves of 325 million tonnes, together will contribute about 10%/year to filling the first phase of the ESPO line, which will have an initial annual capacity of 30 million ton...
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