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Kozmino Port increases ESPO oil exports

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Hydrocarbon Engineering,

The export of Eastern Siberia–Pacific Ocean (ESPO) oil from the Kozmino Oil Port in 2016 totalled 31.8 million t, 1.4 million t more than was handled in 2015.

The main importers of oil in 2016 were the following: China – 22.2 million t (69.8%), Japan – 3.9 million t (12.3%), South Korea – 2.4 million t (7.5%). Besides, 1.6 million t (5%) were shipped to Malaysia, 0.6 million t (1.9%) – to Singapore, 0.4 million t (1.3%) – to Thailand, 0.3 million t (1%) – to the US, 0.2 million t (0.6%) – to each of the countries: the Philippines and New Zealand.

From the date of commissioning in 2009, the turnover of Transneft – Kozmino Port, LLC doubled. Thus, in 2010 the shipment volume was 15.3 million tons, and in 2016 it makes 31.8 million t. However, it was declared that it is technically feasible to ship 31.3 million t of oil through Kozmino Port in 2017. In the aggregate, starting from 2010, more than 155 million t of oil were exported to Asia-Pacific region countries.

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