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Kozmino Port ships 200 millionth tonne of oil

Date of publication: 9 June 2018 Printable version

On 8 June 2018, the volume of Russian oil exported form Kozmino Port hit the mark of 200 million tonnes since the Eastern Siberia–Pacific Ocean pipeline system started operating in December 2009.

The Bei Hai Ming Wang tanker was moored at the 1st berth at 2.00 p.m. on 7 June 2018. On 8 June, a batch of ESPO grade oil (100,000 tons) was loaded onto the vessel. The tanker then headed for the People’s Republic of China. The Bei Hai Ming Wang became the 129th tanker vessel to be serviced at Kozmino Port from the start of 2018.

Over the five months of this year, the Far Eastern terminal of Transneft exported 12.4 million tonnes of ESPO grade oil to countries of Asia and the Pacific. The recipients include China with 10.1 million tonnes (81.5%), Japan with 1.3 million tonnes (10.5%), Malaysia with 0.4 million tonnes (3.2%), South Korea and Singapore with 0.3 million tonnes each (2.4%).

Since the sea oil port was put into operation, its freight turnover has risen from 15.3 million tonnes to 31.7 million tonnes of oil in 2017. The high quality of ESPO grade oil entices importers, whereas the short haul distance enables substantial savings. The increasing freight turnover at Transneft Kozmino Port proves the inevitably growing demand for Russian oil in Asian countries.

Since the first 100,000 tonnes of oil were loaded onto Moscow University tanker in 2009, Kozmino Port has been ensuring high process reliability that meets global environmental standards.

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