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Transneft to start ESPO export terminal this month

03/10/2008
Russia’s state-owned pipeline concern OAO Transneft will begin construction for the export terminal of the East Siberia Pacific Ocean oil pipeline this month, according to company officials.“In March we are beginning the practical stage of the project,” said Transneft chief Nikolai Tokarev, referring to the oil export terminal that is to be located at Kozmino on Russia’s Pacific Coast.“Currently, the feasibility study for the construction of the terminal is ready,” he said, adding, “It has successfully gone through examination by governmental experts.”The Kozmino export terminal will have two berths for tankers, first one for 80,000 dwt ship...
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