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Russias Oil Exports
- By Oil and Gas Author
- Published 09/1/2006
- Crude Oil Petroleum , Natural Gas Petroleum , Exploration and Discoveries , Liquefied Natural Gas LNG , Oil Field Development , Environment and Pollution , Petroleum Pipeline
- Unrated
Oil and Gas Author
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View all articles by Oil and Gas AuthorRail exports comprise roughly 5% of Russian crude Oil exports. But unless significant investment flows into expanding the Russian Pipeline networks capacity, non-pipeline transported exports are poised to increase even more in the upcoming years. As Chinas growth continues, rail routes are the only way to provide Russian Crude Oil to East Asia. In the absence of a dedicated pipeline route, Russian crude oil is exported via rail to the northeast cities of Harbin and Daqing and to central China via Mongolia. Rail exports of crude oil to China will increase from approximately 200,000 bbl/d in 2005 to 300,000 bbl/d by 2006 according to Chinas Ministry of Railways. Outside observers have expressed concerns that the governments treatment of Yukos could affect rail exports to China since Yukos is the leading supplier of oil exports to China. However, since the auction of Yuganskneftegaz, Lukoil has taken over the role of rail supplier.
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