NOVATEK starts exporting oil products via Ust-Luga

NOVATEK floated out the first tanker loaded with naphtha for the Brazilian company Braskem. In future the company is going to deliver oil products to premium markets of the APR.

NOVATEK has launched the complex for the fractionating and transshipment of gas condensate in the port of Ust-Luga in the Baltic Sea. This will help the company to export the oil products made of the condensate extracted. “The complex in Ust-Luga makes it possible for the company to enter new sales markets, expand the range of the consumers and nomenclature of the products with high added value”, the Chairman of the Board of NOVATEK ,Leonid Michelson noted.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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