Crude oil export increased by 19,3% and oil products by 16,5% in the first half of 2015, according to the official statistics office.

Rosneft, Gazprom Neft, Surgutneftegaz and Lukoil have shown also rapid growth in the second quarter of the year.

Growing oil exports caused additional demand to increase capacity of tank farms and exporting oil terminals, as reflected in the agenda of the Oil Terminal 2015 industry forum.

Rosneft, Transneft, Gazprom Neft, Novatek, Ust-Luga Oil, Exon-Neftegaz, Antipinsky refinery, Novekuybyshevskyy refinery, Rosneft-Kubannefteprodukt, Vostokbunker, S.Petersburg Oil Terminal have confirmed their participation and send their delegations to the 10th Anniversary international technology conference Tank Farms and Oil Terminals, which will take place in St. Petersburg on 26-27 November, 2015.

Delegates will learn about the key projects in the Russian oil tank farms and terminals industry:

• Construction of a methanol plant in Ust-Luga. Participation in the conference is confirmed by the delegation of managers and engineers of the Baltic Gas Chemical Company – the company that implements the project with an investment of more than 1 bn dollars!
• Reconstruction of the Omsk Tank Farm – part of the reconstruction programme implemented by Gazprom Neft with over 32 bn rubles allocated budget
• Modernization and technical re-equipment of the “Sheskharis” oil terminal complex by Chernomortransneft, increasing reservoirs volume and extending the list of transhipment products
• New infrastructure construction for Novokuybyshevskyy refinery aiming at collection and processing of oil product vapours
• Construction of new and retrofitting of existing oil tanks infrastructure by Rosneft-KubanNefteprodukt

For more information on visiting the conference, booking as an exhibitor or becoming a delegate for the conference, please call +44 207 3943090 or email us: events@vostockcapital.com