Friday, September 8, 2017

Gazprom Neft passes Arctic milestone

The total volume of oil shipped under Gazprom Neft’s logistics scheme in the Russian Arctic has now reached 10 mill tonnes.
According to the Russian energy company, this milestone was reached with a 100,000 tonne cargo of Novy Port oil being transhipped from the FSO ‘Umba’, which is anchored in Kola Bay.  

Umba receives oil from shuttle tankers loading at the Arctic Prirazlomnoye and Novoportovskoye fields. 

Gazprom said that this method delivers a high level of efficiency by reducing the turnaround times of heavy Ice Class tankers delivering oil from the fields, by using a standard tanker fleet for despatching oil to customers from the FSO and also through a flexible approach in planning supply volumes. 

The FSO has had specialist equipment installed to operate in the climatic conditions found in the region. All oil transhipments are undertaken in full compliance with the latest environmental requirements and standards, Gazprom said.

Maximum annual turnaround capacity at the transhipment complex is 15 mill tonnes of Arctic and Novy Port oil — the latter’s composition means it is classified as light, thanks to its low sulphur content (of around 0.1%), making its superior not just to Russian Urals blend, but also Brent crude, the company claimed.

Anatoly Cherner, deputy CEO for logistics, processing and sales, Gazprom Neft, commented: “The volumes of Arco and Novy Port oil we offer today are in demand by the market. Our logistics scheme has, yet again, proved its effectiveness, ensuring — harsh climatic conditions and increasing production volumes notwithstanding — year-round transhipments of 10 mill tonnes of oil from the company’s Arctic fields.”

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