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RNG shipped the hundredth batch of oil produced in Yakutia

20.05.2021

The anniversary shipment of oil produced by the company took place at the port of Transneft – Port of Kozmino LLC. Here the end point of the Eastern Siberia – Pacific Ocean (ESPO) pipeline system is located.

Oil from the Eastern blocks of Srednebotuobinskoye oil and gas condensate field, located in the Republic of Sakha (Yakutia), enters the joint pipeline and rushes to the east of the country.

Since 2014, investments in the projects of RNG in Yakutia have amounted to more than one billion dollars. The company aims to continue its active participation in the economic development of the region.

Aisen Nikolaev, head of the Republic of Sakha (Yakutia), noted: “The share of revenues from production and processing of hydrocarbons in the budget of the republic has been growing over the past several years. RNG is one of the leading companies in this sector. By the end of 2020, it transferred almost 5 billion rubles in taxes and mandatory payments to the budgets of all levels and extra-budgetary funds.

The main direction of oil supplies is China. The country purchases a significant amount of the increasingly popular ESPO grade. One tanker can hold 100 thousand tons, it takes 14 hours to load it. Oil comes in at a rate of up to 14 thousand cubic meters per hour.

Vladimir Rakitin, General Director of RNG, emphasized: “The ESPO oil grade has received worldwide recognition and has all the chances of becoming a marker grade. Taking into account continuous growth of consumption in the Asia-Pacific region, RNG considers oil export through the Eastern Siberia – Pacific Ocean pipeline to be the most attractive market outlet of hydrocarbons from an economic point of view”.

The port of Transneft – Port of Kozmino LLC has an accredited laboratory, and its multi-level control system guarantees the quality and environmental safety of raw materials for importing countries. All details are taken into account, weather conditions are monitored on a mandatory basis to ensure uninterrupted supplies.

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