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Baltic Transport 2012 highlights

Baltic Transport 2012 highlights - BPS-2 propells Ust-Luga oil terminal

Publication date: 2013-01-29

Tags: 2012-highlights

Baltic Transport 2012 highlights - BPS-2 propells Ust-Luga oil terminal

After a launch of the 1,170 km long Baltic Pipeline System 2 to Ust-Luga, the port initiated its new oil terminal, thus significantly raising its handling potential.

The plans are to export 15 million tonnes or Russian crude oil by the end of 2015. Celebrating its 10th Anniversary, the Port of Ust-Luga is also most likely to accede the total volumes of 45 mln tonnes in 2012 (a year-on-year increase by over 100%) and to join its two Russian neighbours in the top three biggest Baltic ports elite group.

Expansion of the port in the last five years is truly amazing – from a range of 5 mln tonnes in 2008, via 10-12 mln tonnes in years 2009-10 and 20 mln in 2011 up to a once again doubled outcome this year.

Read more about this and other 2012 highlights for Baltic Transport in the upcoming BTJ 1/2013 Jan.-Feb. printed edition

Check also the main topics in our publishing plan for 2013

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