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Oil Exports Via New Sakhalin-II Terminal Begun

Sakhalin Energy launched year-round oil export deliveries via a new oil terminal as part of the Sakhalin II oil and gas project off Russia's Pacific Coast

Oil Exports Via New Sakhalin-II Terminal Begun

Located on Aniva Bay in the southern part of Sakhalin Island, the new oil export terminal has a total storage capacity of 1.2 million barrels of oil.

An underwater pipeline to a tanker-loading unit (TLU), which is located about 4.5 kilometers (3.1 miles) offshore, is able to pump oil at a rate of 50,000 barrels per hour.

The $20 billion Sakhalin II project includes the Piltun-Astokhskoye and Lunskoye oil and gas fields on Sakhalin Island's northeastern shelf, with recoverable reserves estimated at 150 million tons (1.1 billion bbl) of oil and 500 billion cubic meters of natural gas.

"Year-round production and export of Sakhalin II oil will significantly enhance energy security in the Asia Pacific region and strengthen Russia's position in the world markets," the company said.

Author: Ksenia Kochneva


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