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2010-12-01 05:58:00

KIEV, Ukraine, December 1, 2010 /PRNewswire/ -- The Prime Minister of Ukraine Mykola Azarov and the Marshal of the Polish Senate Bogdan Borusevich discussed the plans of the two countries to revive the use of the Odesa-Brody pipeline. The high officials also mentioned a possibility of constructing a new leg of the pipeline. Presumably, it will stretch all the way to the Northern Polish city of Gdansk, and thus will make one step forward towards the establishment of a new route to...

2009-11-24 04:10:00

MOSCOW, Nov. 24 /PRNewswire/ -- Argus, the international energy price reporting agency, has begun regular coverage of the new Russian East Siberia-Pacific Ocean (ESPO) Blend crude oil. Reliable information on prices, loadings, shippers, pipeline tariffs and market development will be available to subscribers of the Argus Crude daily market report. The completion of the ESPO pipeline will enable exports of Russian crude from a new oil terminal at Kozmino in Russia's far east. Kozmino is...

2009-02-17 09:39:25

Russia and China have signed long-term energy agreements, including oil supply and delivery contracts, Russian Deputy Prime Minister Igor Sechin said Tuesday. Sechin said Russia will ship 110 million barrels of crude oil annually to China for 20 years, RIA Novosti reported. The documents signed also include agreements on the East Siberian-Pacific Ocean oil pipeline currently under construction. Russia was seeking $25 billion in loans to help finance pipeline construction, RIA Novosti said.

2008-10-10 03:00:29

By Anonymous Transneft President Nikolai Tokarev recently met South Korean officials to negotiate financing the construction of the East Siberian oil pipeline. The pipeline will connect Taishet, in central Siberia, to Perevoznaya on the Pacific coast close to Russia's border with China. There will be 44 oil pumping stations along the 4,130-km route. The 1,200-mm pipeline will have the capacity to transport up to 80 MMt/a of oil for shipments to China and Japan, as well as to South Korea,...

2008-10-07 18:00:30

MOSCOW. Oct 7 (Interfax) - The Russian Energy Ministry thinks that the East Siberia - Pacific Ocean (ESPO) pipeline project should receive state financial support. "The ESPO project should receive some kind of state support," Energy Minister Sergei Shmatko told journalists on Tuesday. The minister noted that it is "rather dangerous" to resolve problems with the infrastructure building by means of a tariff. Currently, the possibility of joint funding of the project is being studied, he...

2008-10-07 18:00:30

ALMATY. Oct 7 (Interfax) - Kazakhstan has not discussed the amount of its oil that could be pumped through the East Siberia - Pacific Ocean (ESPO) pipeline. "This is a theoretical possibility. We did not discuss specific amounts of oil," Kazakh Energy and Mineral Resources Minister Sauat Mynbayev said at the KIOGE conference in Almaty on Tuesday. It was reported earlier that Russian Energy Minister Sergei Shmatko said that Kazakh national oil transportation company KazTransOil is "very...

2008-10-06 18:00:30

TALAKAN (Yakutia). Oct 6 (Interfax) - Transneft (RTS: TRNF) started up an 1,100-kilometer segment of Eastern Siberia-Pacific Ocean pipeline (ESPO) on Saturday. It is the first segment of the pipeline to be put in operation. Transneft head Nikolai Tokarev said the company would maintain its operational tempo and complete the first phase of ESPO in December 2009. The ribbon-cutting ceremony was held at pump station No. 10 at the Talakan field. Deputy Prime Minister Igor Sechin, Energy...

2008-10-02 18:00:26

ST. PETERSBURG. Oct 2 (Interfax) - The first flows of oil from the Talakan field, owned by Surgutneftegas (RTS: SNGS), have reached the East Siberia-Pacific Ocean (ESPO) oil pipeline, Russian Energy Minister Sergei Shmatko told the Petersburg Dialog forum on Thursday. "A new oil-bearing province has started operating in Russia. Oil has been arriving from East Siberia's Talakan field for two days now," he said. Surgutneftegas did not comment to Interfax on the energy minister's statement,...

2008-10-02 15:00:57

Excerpt from "Vesti" news report by state-owned Russian television channel Rossiya on 2 October [Presenter] At another working meeting today, [Russian Prime Minister] Vladimir Putin discussed the construction of the strategic oil pipeline Eastern Siberia - Pacific Ocean, the ESPO. Its first 1,000-km-section, from Talakan to Tayshet, will be launched tomorrow, and it will start taking oil to the Angarsk oil refinery. [Passage omitted: background details] As the prime minister said today,...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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