Putin says first oil flows through Rosneft's Vostok Oil pipeline, Interfax reports
17 Articles
17 Articles
Russia's Arctic mega-project Vostok Oil, after years of delays and the withdrawal of foreign investors, shipped the first batch of oil by the North Sea. By 2030, Rosneft plans to bring supplies to 50 million tons per year — about 1 million barrels per day
Vostok Oil reserves are estimated at 7 billion tons of oil, making it “one of the largest deposits on the planet.”
The new terminal at the port of Sever Bay has a current capacity of 30 million tons of oil per year The post Russia is building the world's largest northern oil port in the Arctic appeared first on in.gr.
Vladimir Putin, via video link, gave an incentive for the shipment of the first shipment of oil through a new pipeline under the East Oil project, and the oil was sent to the terminal at Buchta North in Krasnoyarsk province, which the President described as a significant step in the development of a new oil and gas province of global significance.
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