Construction of new product terminal near St Petersburg may take 2-3 years

Oct 25, 1999 02:00 AM

It will take at least two or three years to build a petroleum product handling terminal with an annual capacity of 15 million metric tons at the Batareinaya Bay in the Leningrad region, announced Russian Fuel and Power Minister Viktor Kalyuzhny. The port is intended for liquid petroleum products, primarily diesel and technical fuel.
The cost of the first phase of the construction project has been estimated at $ 200 million.

Source: RENA via NewsBase
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