Transneft confirms Ust-Luga delay, Transneft
Release Date: 2011-11-29
Russian oil pipeline operator Transneft on Monday confirmed that the launch of the Baltic Sea oil terminal Ust-Luga has been delayed until the first quarter of 2012.
Transneft also said that it cancelled plans to ship a 100,000 tonnes of Urals crude blend cargo from the port this year.
On Friday, industry sources told Reuters that Russia had postponed the opening of its Ust-Luga oil terminal until next year due to heavy damages to its infrastructure during constraction works
Copyright Reuters 2011 All rights reserved
| Type: | NORMAL |
| Company: | Transneft |
| Country: | Russian Federation |
| Url: | http://www.oilandgaseurasia.com/news/p/0/news/13624 |