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Transneft expects resumption of transit of Turkmen oil via Russia

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Transneft expects the resumption of transit of Turkmen oil through Russia in 2018, the Vice President of the oil transportation company Sergei Andronov told reporters.

Andronov explained that we are talking about small volumes. “We have applications for 2018 – at the level of 120 thousand tons,” he said, answering the relevant question.

According to the data of the Central Dispatch Office of the Fuel and Energy Complex, the transit of Turkmen oil through Russia decreased by 36.1% in 2016 in comparison with the indicator of 2015 and amounted to 466.7 thousand tons. At the same time, in 2017 transit of Turkmen oil through Russia was not carried out.

In August 2017, Transneft Vice President Sergei Andronov announced that the transit of Turkmen oil is expected to resume in the fourth quarter of 2017.

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