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BALTIC PIPELINE SYSTEM 2ND LINE TO LAUNCH LATE FEB IN RUSSIA
PanARMENIAN.Net
February 21, 2012 - 16:42 AMT
PanARMENIAN.Net - The second trunk line of the Baltic Pipeline System
(BTS-2) to transport oil to Europe may be launched at the end of
February or in early March, Igor Dyomin, spokesman of Russia's oil
pipeline monopoly Transneft, said on Tuesday, February 21, according
to RIA Novosti.
The BTS-2 pipeline project is implemented to secure reliable supplies
of oil to European consumers. The 1,000-kilometer pipeline, with an
annual capacity of 30 million metric tons of oil, runs from Unecha
in western Russia to the Baltic Sea port of Ust-Luga in the country's
northwest, bypassing Belarus.
"Preparations to launch the oil terminal [in Ust-Luga] are well under
way. We think [the pipeline launch] could be in late February or in
early March," Dyomin told Prime news agency.
The BTS-2 launch has been suspended several times since October 2011
owing to problems in bottom dredging operations.
Dyomin also said that Transneft had not worked out an oil export
schedule through the BTS-2 for the first quarter of 2012 and tariff
price for oil transportation yet.
PanARMENIAN.Net
February 21, 2012 - 16:42 AMT
PanARMENIAN.Net - The second trunk line of the Baltic Pipeline System
(BTS-2) to transport oil to Europe may be launched at the end of
February or in early March, Igor Dyomin, spokesman of Russia's oil
pipeline monopoly Transneft, said on Tuesday, February 21, according
to RIA Novosti.
The BTS-2 pipeline project is implemented to secure reliable supplies
of oil to European consumers. The 1,000-kilometer pipeline, with an
annual capacity of 30 million metric tons of oil, runs from Unecha
in western Russia to the Baltic Sea port of Ust-Luga in the country's
northwest, bypassing Belarus.
"Preparations to launch the oil terminal [in Ust-Luga] are well under
way. We think [the pipeline launch] could be in late February or in
early March," Dyomin told Prime news agency.
The BTS-2 launch has been suspended several times since October 2011
owing to problems in bottom dredging operations.
Dyomin also said that Transneft had not worked out an oil export
schedule through the BTS-2 for the first quarter of 2012 and tariff
price for oil transportation yet.