Throughput of Ust-Luga Oil up over 1.5 times to 11.5 Mt in HI’14
07.07.2014 - NEWS

July 7, 2014 [PortNews IAA] - In January-June 2014, oil product terminal of Ust-Luga Oil OJSC (Ust-Luga, Leningrad region) handled 11.5 Mt of cargo (up over 1.5 times, year-on-year), the company says.


In June, the terminal handled 2.172 mln t of cargo including 1.861 mln t of oil products exported by sea transport and 311,000 t of stable gas condensate transshipped at the terminal of NOVATEK-Ust-Luga LLC.

According to Konstantin Khamlai, General Director of the terminal, permanent increase of the terminal throughput should be attributed to both introduction of new facilities and regular work aimed at optimization of the terminal activities.

Ust-Luga Oil OJSC owns and operates the oil product terminal at Ust-Luga seaport. 

The terminal of Ust-Luga Oil OJSC is the largest terminal in Russia to transship oil products from railway transport to sea going tankers. The terminal’s design capacity is 30 mln t per year (20 mln t of dark oil products and 10 mln t of light oil products). The tank farm’s capacity is about 1 mln cubic meters. The three berths stretch for 1 km. Four tank car unloading racks can handle over 500 tank cars at a time.

US Crude Stocks Fall, while Fuel Inventories Surge on Weak Demand, EIA Says
01.03.2025 - NEWS
January 03, 2025 [Reuters]- U.S. crude stocks fell while gasoline and distillate inventories rose... Read More
U.S. LNG Exports Soar in December, Lifting Full-year Growth by 4.5%
01.03.2025 - NEWS
January 03, 2025 [Reuters]- U.S. LNG exports reached near record levels in December, rising to 8.... Read More
Europe’s Natural Gas Prices Rise as Russian Flows via Ukraine Cease
01.03.2025 - NEWS
January 03, 2025 [Oil Price]- Europe’s benchmark natural gas prices rose on the first trading d... Read More
CNOOC Launches Joint Development Project in South China Sea
01.03.2025 - NEWS
January 03, 2025 [Oil Price]- CNOOC Limited has brought three Panyu oilfields online in the South... Read More