Rus News Journal

Oil has stiffened in expectation of the president

the solemn start-up of the first stage of the Baltic pipeline system Planned for December, 25th (BTS) in the city of Primorske (Leningrad region) is transferred at least for two days. In a delay president Vladimir Putin who has decided to visit opening ceremony personally is guilty.

BTS, the pipeline from region Timano - Pechora neftegazonosnoj provinces, it urged to reorient export of the Russian oil from ports of the Baltic States and Finland which now process to 70 % of the Russian oil, on the Russian ports. Capacity of the first stage of bulk-oil port in Primorske (the Leningrad region) Makes 12 million t oil in a year. Terminal cost will make about $460 million the Main sources of financing there were special investment deductions for oil prorolling on pipelines Transneft (with their help it was possible to collect $105 million) and credits of the European bank of reconstruction and development (European Reconstruction and Development Bank).

Solemn opening BTS is planned for December, 25th - about it it was known still two months ago. However yesterday in the morning agency Interfax has informed that ceremony date can be transferred in connection with desire of some the high-ranking statesmen to participate in official start-up BTS . After a while has had an explanation from Institute of problems of regional development which is the technical organizer of ceremony: opening BTS will take place on December, 27th in 12. 00, in action the president of the Russian Federation V.V.Putin " plans to take part;.
the Desire of the president to open strategically significant oil pipeline for the country has taken oil industry workers unawares. The matter is that the first tanker loaded by oil from BTS, will be already ready to sending from port in Primorske on December, 24th. Michael Kasyanov should become the most high-ranking visitor on its sending. But, under the informal information, it is literally one of these days in Transneft have called from Presidential Administration and have informed that the first person of the state intends to visit port in Primorske. However, to arrive on December, 25th the president is not in time in any way. This day Moscow will be visited by the president of Belarus Alexander Lukashenko (Alexander Lukashenko), besides, president Putin will meet the emir of Qatar sheikh Hamadom ben Halifoj al - Tani (Hamad ben Khalifa al - Thani) and will take part in session of board of the Ministry of Internal Affairs. And here to December, 27th at Vladimir Putin of important meetings it is not appointed.
according to the vice-president of a state company Transneft Sergey Grigoriev, the tanker sent under loading by displacement of 100 thousand t belongs Sovkomflotu . In it will fill in a national team oil of five companies, among which LUKOIL, Surgutneftegaz and Sibneft . The first zamgendirektora Sovkomflota Igor Borisenko has confirmed that the modern tanker of an ice class " will be loaded in Seaside; Petrokrepost - such at the company only two. Cost of oil which will be loaded into tanks Petrokrepost in the European markets makes more than $13 million
Shift of start-up BTS will cause to oil industry workers straight losses. For last two months they and so exported on 2 million t oil less, than counted, - stirred constant storm in Novorossisk to port and failure on terminal Butinge (Lithuania). In these conditions the delay of start-up BTS only will strengthen backlog of the oil companies from the export schedule. It is necessary to consider and that right after New year Russia promised to reduce export of the oil to 150 thousand barrels (about 20 thousand) a day. Besides, day of idle time of the tanker costs to $15 thousand
Moral indemnification of these losses there can be only Vladimir Putin`s performance about a state policy concerning oil branch - the president, as a rule, prepares important statements for similar actions. However, according to mister Grigoriev, definitive terms of opening BTS can be once again transferred - for December, 29th.

OLEG - PETROVSKY, SERGEY - JUREV