Rosneft wants almost all the capacities of the ESPO pipeline

As the Kommersant has got to know, the structure of supplies via the largest oil pipeline Eastern Siberia-Pacific Ocean (ESPO) may significantly change in the coming years. Rosneft is going to become practically the only operator because of the company’s plans on significant increase of capacity of its future Far Eastern refinery. If Rosneft manages to coordinate plans on extension of oil deliveries to China, other oil companies will be almost disabled to export to Asia.

On Friday, at the intergovernmental conference on FEC, headed by Arkady Dvorkovich, Rosneft announced its plans to significantly extend capacities of its future Far Eastern refinery – the Eastern petrochemical company (VNKhC), several sources, who are familiar with the course of the session, reported to the Kommersant. The First Vice President and Official Secretary of the state company Larisa Kalanda reported that the VNKhC’s capacity might be increased from 10 million tons to 24 million tons of oil, the Kommersant’s interlocutors say. In this regard, Rosneft pretends to corresponding volumes of oil supplies via the ESPO oil pipeline. Rosneft doesn’t comment on this information. VNKhC is planned to be built by 2017; the plant will produce as fuel, as petrochemical products.