News

Lukoil considers floating oil terminal location in Murmansk region

Publish date: March 21, 2006

Russian oil major Lukoil considers to station a floating oil terminal in Liinahamari in the Pechenga Bay, just few kilometers from the border to Norway.

According to press secretary of Murmansk regional administration, Nikolay Sigin, Lukoil is offered space for oil reloading in the Pechenga Bay instead of the Kola Bay in order to ease pressure around Murmansk. Several terminal facilities for oil reloading have been established in the Kola Bay the last years, and several more are under planning, BarentsObserver reported. Rosneft already operates the 320,000 ton floating terminal tanker "Belokamenka", which is located just outside Murmansk.