Wednesday, June 08, 2005
Transneft has no doubts about Eastern Siberia - Pacific Ocean pipeline
RBC, 07.06.2005, Moscow 17:54:28.Transneft has no doubts about the possibility to load the Eastern Siberia - the Pacific Ocean pipeline, Transneft president Semyon Vainshtok has told journalists. According to Vainshtok, the construction of the eastern pipeline enables one to solve the problem of involving eastern Siberian regions in oil production projects. Initially, oil produced on Western Siberian field is supposed to be used for loading the pipeline. The pipeline's capacity is to amount to 80m tons per year. The first stage of the project stipulates the construction of a pipeline with the capacity of 30m tons of oil per year linking the Irkutsk region to the Amursk region. This stage is to be finished in the second half of 2008.
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