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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessTransneft Builds Two Tanks for ESPO Oil Pipeline
Transneft has constructed two new oil tanks of 50 mcm for the East Siberia – Pacific Ocean (ESPO) oil pipeline, according to TASS.
- "Transneft-Vostok built two new tanks at the pump station (PS) No. 21 in the Amur Region. Tanks with the capacity of 50,000 cubic meters each will be engaged in oil transportation over the first stage of the East Siberia - Pacific Ocean (ESPO-1) trunk oil pipeline," Transneft said cited by TASS.
- Russia is gearing up to bolster its exports of oil Eastwards, namely to China, as it seeks to open new markets for its barrels to replace those shuttered by embargoes or price caps.
- Elsewhere, A Russian delegation led by Deputy PM Alexander Novak will visit Beijing from Dec. 12-16 to participate in the 20th meeting of the Russian Chinese intergovernmental commission on energy cooperation, according to TASS.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.