The terminal will receive oil from the main BTS oil pipeline and store and ship it to sea oil tankers, the press service of the regional Economic Development and Investment Committee said, Interfax reported.
The volume of oil cargo will be 30 million tons per year at the first stage, and 38 million tons per year when the terminal starts working at full capacity.
The main users of the terminal will be Transneft and the Ust Luga Bunker Complex.
The interdepartmental commission of the Leningrad Oblast plans to consider Transneft’s proposal next month.
Transneft began construction of BTS-2 on July 10. The route of the pipeline will go from Unecha to Ust Luga in the Leningrad Oblast with a branch line going to the Kirishi oil-processing plant. The construction of the 1,170-kilometer long pipeline will be completed in two stages, at the first of which it will have a capacity of 30 million tons per year. At the second stage, total capacity will reach 50 million tons per year.
BTS-2 is planned to start operating at full capacity by the end of 2011. By the end of 2009, construction is due to be completed of the first stage of a fuel oil shipment terminal with a capacity of seven million tons at Ust Luga port.