“Transneft” has decided to abandon exports through the Baltic States

The President of Russia Vladimir Putin and the head of “Transneft” Nikolay Tokarev during a meeting in the Kremlin

“Transneft” by 2018 we will stop export of oil products through the Baltic ports, downloading their own power in the Baltic. This was announced by the head of the company Nikolay Tokarev on Monday at a meeting with President Vladimir Putin.

“The building that we are in the field of pipelines: in accordance with the instructions of the government, we will reorient the cargo traffic from Baltic ports of Ventspils and Riga on our Baltic ports is Ust-Luga and Primorsk and Novorossiysk,” — said Tokarev (quote on the website kremlin.ru).

According to him, in 2015, through the Baltic ports have handled about 9 million tonnes, and in 2016 is expected to export only 5 million tonnes By 2018, this amount will gradually decrease to zero at the expense of loading of capacities in the Russian ports, he added.

According to the Association of sea commercial ports, in 2015, the transshipment of oil products via Russian ports totaled 146 million tons, an increase of 3.7%.

“Plants allow us to load the trunk oil products pipeline to 32 million tonnes, and part of the capacity that is not demanded under the oil, we will reorient under the oil. This will happen in the direction of Primorsk to 25 mln t of diesel fuel will supply, and in the direction of Novorossiysk Volgograd plant (belongs to LUKOIL. — RBC) [and] a group of refineries in Krasnodar region Tuapse NPZ “Rosneft” Afipsky refinery, Vladimir Kogan, and others. — RBC), “—said Tokarev.

The decision on the reorientation of export of oil products from the Baltic ports to the Russian ports was taken in October 2014. How to write “Vedomosti” with reference to the meeting in the Ministry of energy, Transneft has proposed to redirect volumes of fuel from the ports of Latvia (Ventspils, Riga) in the direction of the Russian port – Ust-Luga, Primorsk, Novorossiysk and the port of Saint-Petersburg.

It used to be one window to Europe – the pipeline “Druzhba” and there was no alternative, the told then the representative of “Transneft”. Then oil flows were redirected to the ports of Ust-Luga and Primorsk. The same is now happening with oil, he pointed out.

Chief editor of information-analytical Agency Portnews Vitaly Chernov considers that the bulk of the cargo of oil that was transferred from the Baltic States, will have to Primorsk, which by 2020 plans to handle up to 25 million of light petroleum products, as well as the Vysotsk terminal owned by LUKOIL and the oil products pipeline “South” in Novorossiysk. Chernov believes that the Russian ports will cope with this volume of cargo.

Tokarev also told Putin that in 2016 the company plans to increase oil transportation via main pipelines – by 1.5 million tons to 482 million tonnes are for exports will go to 238 million tons, in the domestic processing of 244 million tonnes, he added.