Russian Oil Exports via Port Kozmino to Reach 24.9 mln T This Year
12.29.2014 - NEWS

December 29, 2014 [PortNews IAA] - Russian oil exports via port Kozmino, end point of ESPO Oil Pipeline, is expected to reach 24.9 mln t this year, Transneft – Port Kozmino LLC says in its press release.


As of December 29, 2014 the terminal exported 24.7 mln t of crude and two 100,000 shipments are to be made by the end of the year.

The majority of oil is exported to Japan – 8.9 mln t (36%), China – 5.9 mln t (23.9%), S. Korea – 3.6 mln t (14.6%), Malaysia – 1.6 mln t (6.5%), Thailand – 1.4 mln t (5.7%), Philippines – 1.3 mln t (5.3%), Singapore – 1.1 mln t (4.5%), New Zealand – 0.5 mln t (2%), Taiwan – 0.2 mln t (0.8%), USA – 0.1 mln t (0.4%), Indonesia – 0.08 mln t (0.3%). 

23.4 mln t of oil (94.7%) was delivered by ESPO-II and 1.3 mln t – by railway (5.3%).

By 2016 the second berth of the Kozmino port will be able to receive tankers with a deadweight up to 150,000 t (30,000 t more than today).  To achieve these targets, the approach dam reconstruction and dredging works will be implemented in the water area of the berth. 

Primorsky Territory, Russia based dedicated marine oil port (Spetsmornefteport Kozmino LLC), a subsidiary of Transneft JSC, was launched in late 2009. Kozmino Oil Terminal is the terminus of the ESPO Oil Pipeline (Eastern Siberia-Pacific Ocean). The port was built for transshipment to oil tankers of crude oil supplied to the terminal through the main pipeline ESPO-2 and via the Far Eastern Railway. Upon completion of the ESPO terminal Phase 3 expansion project Kozmino capacity has reached 30 million tonnes a year.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More