Baltic pipeline system due to begin operations on December 20

Oct 31, 2001 01:00 AM

The Baltic Pipeline System (BPS) is scheduled to begin operations on December 20, when the first tanker is to be loaded with oil from the Primorsk port terminal (which will have a capacity of 12 mm tons of oil and petroleum products).
According to Transneft, Kazakhstan, which is also expected to pump its oil through the new pipeline, counts on an annual 5 mm ton oil quota for its BPS shipments.

Work on design estimates for the second phase of the Baltic Pipeline System (BPS) is nearing completion. The second phase will cost an estimated $ 200 mm and have a projected capacity of 18 mm tons.
For this amount of crude oil to be pumped, the Yaroslavl-Kirishi oil pipeline will have to be renovated, another pipeline to be laid between Kirishi and Primorsk, and more racks to be built in the port.

Source: Vremya Novostei via NewsBase
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