The De-Kastri oil terminal of the Sakhalin-1 project, located near the De-Kastri settlement in Ulchi District of Khabarovsk Krai, Russia, has bagged the Best Oil Terminal Award of Russia for 2012. The award was announced at the seventh International Oil Terminal Congress held in St. Petersburg.
ONGC Videsh Ltd (OVL) has a 20 per cent stake in the Sakhalin-1 project.
This is the second time that the De-Kastri terminal has received an award from the International Oil Terminal Congress. Earlier, in 2009, it was recognised as the Terminal of the Year for its economic, environmental and social performance.
Oil is transported to the terminal from the Sakhalin-1 onshore production facilities at the north-east of the Sakhalin island via a 226-km pipeline. The oil terminal has been in operation since 2006 and is recognised for its cutting edge technology and effective and sound environmental practices.
The terminal provides storage and export facilities which accommodate year-round crude oil export to world markets. One of the largest of its class, the single-point mooring facility is being utilised to safely load 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 a 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 operations, the terminal has offloaded 550 tankers with 51 million tonnes 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 the Sakhalin-I project, in which ONGC Videsh Ltd has a 20 per cent stake.
The project is being implemented by an international consortium and operated by Exxon Neftgas Ltd.
The other consortium members in the block are Exxon Neftegas Ltd (30 per cent), Rosneft (20 per cent) and Japanese consortium SODECO (30 per cent).
ONGC Videsh Ltd (OVL) has a 20 per cent stake in the Sakhalin-1 project.
This is the second time that the De-Kastri terminal has received an award from the International Oil Terminal Congress. Earlier, in 2009, it was recognised as the Terminal of the Year for its economic, environmental and social performance.
Oil is transported to the terminal from the Sakhalin-1 onshore production facilities at the north-east of the Sakhalin island via a 226-km pipeline. The oil terminal has been in operation since 2006 and is recognised for its cutting edge technology and effective and sound environmental practices.
The terminal provides storage and export facilities which accommodate year-round crude oil export to world markets. One of the largest of its class, the single-point mooring facility is being utilised to safely load 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 a 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 operations, the terminal has offloaded 550 tankers with 51 million tonnes 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 the Sakhalin-I project, in which ONGC Videsh Ltd has a 20 per cent stake.
The project is being implemented by an international consortium and operated by Exxon Neftgas Ltd.
The other consortium members in the block are Exxon Neftegas Ltd (30 per cent), Rosneft (20 per cent) and Japanese consortium SODECO (30 per cent).