You are here

Rosneft launches year round crude shipments from northern Sakhalin

20th November 2014

Rosneft has commenced shipment of crude oil extracted at the northern tip of the Chayvo licence off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21

Rosneft launches year round crude shipments from northern Sakhalin
DeKastri is the first terminal in Russia to ship crude oil year round amid the harsh environment of the Arctic

The tanker was loaded at the Sokol single-point oil terminal located 5.7-kilometres east of DeKastri Terminal, Khabarovsk Krai.

DeKastri is the first terminal in Russia to ship crude oil year round amid the harsh environment of the Arctic.

Another export batch is scheduled to ship before the year’s end.

A fleet of purpose-built oil tankers will carry the hydrocarbons, each 100,000 tonnes in deadweight, escorted by icebreakers.

The tankers are reinforced ice class, double hull type to safely transport the cargo even in heavy ice conditions.

Sokol is a premium-quality grade of crude oil—very low in sulphur, at a mere 0.27 per cent, and weighing 0.835–0.837 kg per cubic meter (36.7 °API). For that reason, it fetches a higher price than Dubai, the reference grade in South East Asia, and the Oman crude.

Although Japan and South Korea are the largest buyers of the crude, many shipments are bound for other Asia and Pacific countries, such as China and Thailand.

Rosneft launched a large-scale project to drill the first development well in the North Chayvo licence in May 2014; the licence was put on production in September of this year. Field development model involves the use of innovative drilling technology. The drilling was done using Yastreb, a unique rig without equal in the world.

In the longer term, North Chayvo will deliver annual plateau production of around 1.5 million tonnes of crude oil. The field’s gas will be the resource base for the proposed Far Eastern LNG Plant.

Related topics: 

Russia

The latest oil and gas industry news from Russia

Got a news tip? Email news@oilandgastechnology.net