Tallinn handling more Russian fuel oilTallinn handling more Russian fuel oil

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2 Sep 2010

port_cargo.jpgThe Estonian port of Tallinn shipped 2.349 million metric tonnes (mt) of oil products in August, most of it Russian fuel oil. Volumes were up 21% from the same month last year and up almost 4% month-on-month Estonia has traditionally been the main transit route for exports of Russian oil product.
Volumes have remained robust, despite Russian moves to find alternative routes.
Last year Russia’s Deputy Prime Minister Sergei Ivanov said exports of Russian fuel oil by rail through Estonia would "stop completely within a year".
He said the new fuel terminal at the Russian port of Ust-Luga, south-west of St. Petersburg, would replace the Estonian transshipment route.
Ivanov's comments, however, were met at the time with skepticism in Estonia.

Source: Portworld

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