Most major infrastructure projects in the Russian oil sector are directly aimed at increasing oil exports. Despite officially declared export cuts, the country continues to boost its crude supplies by rapidly debottlenecking existing export outlets and building new ones. Russia will export as much oil as it can. Its ability to export crude oil, however, is currently limited by available export facilities. The country's major crude export capacity (pipelines and seaports) has reached 5.5 million b/d. In 2004, Russia used only 3.3 million b/d of this with the balance ceded to Kazakhstan, Azerbaijan, and Belarus through intergovernmental agreements. With more export facilities being commissioned, however, Russia will have more capacity to export its crude. The most important oil export projects include further development of the Druzhba and Baltic pipeline systems, as well as new construction of the Murmansk oil hub and Angarsk (East Sibirian) pipeline. This article, the first of two, discusses overseas demand for Russian crude, Russia's desire to export, and plans for the Druzhba, Baltic, and Black Sea pipeline systems. The second article will focus on Murmansk and Angarsk, as well as opportunities to export oil south.
Russian oil exports - 1. Projects focus on pipeline, terminal expansions
Die russischen Ölexporte
Oil and Gas Journal ; 104 , 12 ; 57-60
2006
4 Seiten, 1 Bild
Aufsatz (Zeitschrift)
Englisch
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