Petersburg Oil Terminal (POT) this week announced that the company transshipped 9.1 million metric tonnes (mt) of oil products in the period January – September of 2009, up 400,000 mt from the same period in 2008.
The majority of the oil product transshipment, 6.5 million mt, consisted of ‘dirty oil products’, or fuel oil.
In September of 2009, the company handled 1.1 million mt of oil products, up by 208,0000 from September last year. Fuel oil accounted for 799,000 mt of the total.
In 2008, the terminal, which has an annual throughput capacity of 12 million mt, handled 11.8 million mt of oil products, a 2.6% year-on-year increase.
POT provides transshipment and storage of oil products for export, as well as for bunkering vessels. In addition, the company conducts quality analysis of oil products, and accepts and treats slops discharged from vessels calling at the Port of St. Petersburg.
Russia is an important source of fuel oil for the Amsterdam-Rotterdam-Antwerp (ARA) bunker market and other European ports, most of it coming out of St. Petersburg or other ports in the Baltic.