This initial consignment is a result of the company’s large-scale project aimed at the construction of an oil export terminal with the capacity of up to 12 million tons of oil per annum or 240,000 barrels per per day.
The Varandey oil export terminal is designed for offshore export of the oil extracted by Lukoil in the Timan-Pechora oil and gas province. The Vasily Dinkov tanker was loaded at the Varandey fixed offshore ice resistant oil terminal (FOIROT) and will deliver the oil to the Canadian port of Come By Chance.
An auxiliary ice-breaker and an icebreaking tug will be on duty in the vicinity of the FOIROT. The terminal will comprise of an onshore tank farm with the total rated capacity of 325,000 cubic meters, two 820mm underwater pipelines connecting the onshore tank battery and the FOIROT, an oil metering station, auxiliary tanks, pumping station, power supply facilities, shift camp and other production facilities.
Vagit Alekperov, Lukoil’s president and CEO, said: Our company has created a unique sea export system which makes it possible to transport large quantities of oil to polar regions. This new Russian transportation corridor exports oil at a minimum cost, while preserving its quality, via the shortest sea route to the European and North American markets. Besides, the infrastructure we have been able to establish helps develop new fields in Timan-Pechora oil and gas province.
