New Russian oil terminal in Vysotsk would double petroleum transport
Published:
1 August 2002 y., Thursday
Finnish and Russian environment officials concerned about shipping safety in narrow channel - construction already under way.
The Russian oil giant Lukoil has started construction work on a new oil terminal on the island of Vysotsk (formerly known by the Finnish name Uuras) south of Vyborg (formerly Viipuri).
Earth moving work is in full swing in the northeastern part of the Gulf of Finland. The new facility is to be built near the Primorsk oil terminal which started operations earlier this year. Lukoil hopes to build the Vysotsk terminal as quickly as possible. The goal is to have the first 70,000 tonne oil tankers leave the harbour already in September next year.
The oil is to be transported to Vysotsk by train. Lukoil and the Russian Ministry of Transport agreed on Saturday that the Ministry would take measures to increase rail transport capacity between St. Petersburg and Vysotsk.
The planned oil terminal would double the amount of oil being transported in the eastern Gulf of Finland, as the annual capacity of the new oil terminal would be about the same as that of the fist stage of the nearby Primorsk terminal - nearly ten million tonnes.
Finland has not been officially informed by Russia about the beginning of the construction. At the beginning of July Environment Minister Jouni Backman made a written request for information on the harbour project on the Gulf of Finland, but no answer came.
Prime Minister Paavo Lipponen has also demanded more information about the project.
On Monday, the Prime Minister's summer holiday substitute, the Minister of Trade and Industry Sinikka Monkare, did not want to comment on the issue.
"What can we do if they build oil terminals? We can only hope that they are built to be as safe as possible", Monkare said.
Šaltinis:
herald.kz
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint.
more »
At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits.
more »
In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD).
more »
The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession.
more »
The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers.
more »
As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities.
more »
During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved.
more »
The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis.
more »
Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years.
more »
The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia.
more »