Russia Building Their Largest Oil Terminal

“MOSCOW, July 26 (Reuters) – Russian energy giant Rosneft (ROSN.MM) said on Tuesday it has started construction of an Arctic oil terminal at the Bukhta Sever port, part of its huge Vostok Oil project, aimed at facilitating development of the Northern Sea Route.

The port will become Russia’s largest oil terminal with 102 reservoirs to be built by 2030, the company said.”

Russia’s Rosneft starts construction of huge Arctic oil terminal | Reuters

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