Pipeliners

02.28.05 IntelliNews Today  - Transneft plans to complete Baltic oil pipe system development by H1/06. Until then 145km of pipes need to be built, one oil pumping station must be built, 8 more repaired, and the oil transit port in Primork should be expanded. The system will have a capacity of 60mn tons of oil. The length of the pipe system will be 467km and its cost USD 2.19bn . The decision was made during the meeting of Transneft’s Board of Directors held on Feb 25.