Gazprom Delivers Second Batch of Novy Port Oil
- Business & Finance
The second tanker carrying 27.2 thousand tonnes of oil produced at the Novoportovskoye field at the Yamal peninsula (in the Yamalo-Nenets Autonomous District), reached north west Europe and delivered the cargo on September 17, Gazprom reports.
According to the company, the new type of oil, “Novy Port” is superior to Brent oil in quality as it has a lower sulphur content (roughly 0.1%). A third tanker is currently being prepared for shipment.
The oil from Novoportovskoye field was first exported by sea in August 2014. A 103 km long oil pipeline connects the field to Cape Kamenny, where a large terminal for year-round oil deliveries will be built. The Novoportovskoye field currently has production capacity of 600ktpa, which will be further increased.