Putin says first oil flows through Rosneft's Vostok Oil pipeline, Interfax reports
24 Articles
24 Articles
(Seoul = Yonhap News) Reporter Lee Seong-han = Crude oil from the Vostok Project, a massive oil field development project in Russia's polar region of Taimyr, has been shipped for the first time.
Putin on Vostok Oil pipeline launch
A major trunk oil pipeline has been commissioned in the Krasnoyarsk region as part of the Arctic "Vostok Oil" project. The first crude oil is now flowing to the Northern Sea Route, reaching the new Bukhta Sever port terminal for tanker loading.Putin...
Russia's Arctic mega-project Vostok Oil, after years of delays and the withdrawal of foreign investors, shipped the first batch of oil by the North Sea. By 2030, Rosneft plans to bring supplies to 50 million tons per year — about 1 million barrels per day
Vostok Oil reserves are estimated at 7 billion tons of oil, making it “one of the largest deposits on the planet.”
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