ONGC Videsh’s De-Kastri Oil Export Terminal is Russia’s ‘Best Oil Terminal 2012’
Dated : 22 January 2013 07:35:11 AM
The De-Kastri Oil Terminal of Sakhalin-1 project (in which ONGC Videsh Limited has 20 percent stake) located near the De-Kastri settlement in Ulchi District of Khabarovsk Krai, has bagged the Best Oil Terminal Award of Russia in 2012. The award was announced at the VII International Oil Terminal Congress 2012 held in St. Petersburg.
This is the second time that the De-Kastri Terminal has received an award from International Oil Terminal Congress. Earlier in 2009, it was recognized as the Terminal of the year for its economic, environmental and social performance.
The oil is transported to the terminal from the Sakhalin-1 onshore production facilities at northeast of Sakhalin island via a 226-kilometer pipeline. The oil terminal has been in operation since 2006 and is recognized for its cutting edge technology and effective and sound environmental practices.
The terminal provides storage and export facilities that accommodate year-round crude oil export to world markets. One of the largest of its class, the single point mooring facility is being utilized to safely load the tankers in heavy ice conditions.
The terminal is the first in Russia to successfully accomplish the year-round export of oil during severe arctic winter conditions using specifically designed fleet of double -hull Aframax class tankers. To ensure safe navigation through ice fields during severe winters, the tankers are escorted by ice-breaking vessels.
Since the start of the operations, the terminal has offloaded 550 tankers till now with 51 Million tons of Sakhalin-1 produced oil, which makes it one of the largest ports of Far East Russia.
This efficient De-Kastri Terminal is an integral part of Sakhalin – I project in which ONGC Videsh has 20 % stake. The project is being implemented by an international consortium and operated by Exxon Neftgas Limited. The other consortium members in the block are Exxon Neftegas Limited (30%); Rosneft (20%); Japanese consortium SODECO (30%).
Oil and Natural Gas Corporation Ltd.
Corporate Communications, New Delhi,