Russia’s Transneft launches second leg of ESPO pipeline December 25, 2012 - 08:59 AMT PanARMENIAN.Net - Russian oil pipeline monopoly Transneft on Tuesday, Dec 25, launched the second leg of the East Siberia - Pacific Ocean (ESPO) oil pipeline, RIA Novosti reported. The launch ceremony took place in the Far Eastern city of Khabarovsk in the presence of Transneft president Nikolai Tokarev. In early November, Transneft completed filling ESPO’s second leg with technical oil in preparation for full operations. ESPO-2 ties Skovorodino, the terminus of the ESPO-1 pipeline, to the Pacific port of Kozmino. Construction of ESPO-2 started on January 14, 2010, two weeks after the first leg began operation. Since then oil has been delivered to Kozmino by rail. The second leg will pump 30 million tons of oil annually with eventual expansion of capacity to 50 million tons. The first leg of the East Siberian-Pacific Ocean pipeline is designed to pump 30 million metric tons of Siberian oil to China, Japan, and South Korea.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
