Russia's Zapolyarye-Purpe Oil Link To Pump 7.5 MM T In 2017

Reuters

MOSCOW, Jan 18 (Reuters) - Russia's Zapolyarye-Purpe oil pipeline, which was launched on Wednesday, will pump 7.5 million tonnes of oil in 2017, said Nikolai Tokarev, the head of Russian oil pipeline monopoly Transneft.

A second oil pipeline also inaugurated on Wednesday, the Kuyumba-Taishet route, will pump around 1 million tonnes this year, Tokarev said, rising to 8 million tonnes a year by 2020.

Transneft deputy head Sergei Andronov said the Zapolyarye-Purpe pipeline was currently pumping oil from east-to-west, but from 2018 would be able to reverse the flow.

(Reporting by Olesya Astakhova and Vladimir Soldatkin; Writing by Christian Lowe; Editing by Jack Stubbs)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Administrative Assistant 3
Expertise: Executive|Secretarial or Administrative
Location: Houston, TX
 
Field Specialist
Expertise: Field Comm / SCADA|Operations Management|Process Technician
Location: Andrews, TX
 
Field Specialist
Expertise: Field Comm / SCADA|Field Service Tech|Production Technologist
Location: Carlsbad, NM
 
search for more jobs

Brent Crude Oil : $52.57/BBL 1.34%
Light Crude Oil : $48.41/BBL 1.61%
Natural Gas : $2.93/MMBtu 0.34%
Updated in last 24 hours