JSC "Petersburg Oil Terminal" operates the largest Russian terminal for oil products in the Baltic Sea region.
Petersburg Oil Terminal (POT) provides the services of transshipment and storage of oil products for export, as well as bunkering vessels. In addition, the company conducts quality analysis of oil products, and accepts and treats slops discharged from vessels calling at the Port of St. Petersburg.
The Terminal complex is equipped to accept delivery of both clean and dirty oil products, including high viscosity fuel oil. The annual throughput capacity of the terminal is 12 million tons.
Oil products are delivered to the terminal by rail, pipeline and by water. Loading is to sea vessels and road transport.
The modern shore tanks of the Terminal have a capacity of 354 000 m3 and can store a wide variety of oil products. There is no requirement for a clear-cut division into dirty and clean shore tanks - the tanks are general purpose and can be switched from one type of oil product to another at short notice.
JSC "Petersburg Oil Terminal" is in the process of a successful expansion program. The Program envisages construction on a stage-by-stage basis and continuously bringing new production capacities on line until the year 2007.
Three stages have already been completed at a total cost of USD 130 million. The realization of these four stages included the construction and putting into operation of the key facilities of the complex's infrastructure. One more stage of construction are planned, the completion of which will bring the annual capacity of POT up to 15 million tons of oil products. The volume of the total investment will be appr. USD 160 million.
The expansion of POT is one of the most significant and promising projects in the City. The social significance of the project lies in the strengthening of St. Petersburg's status as the "Sea Gates" of the Russia and status of the country as a sea power. It will also make a positive impact upon the economy of both St. Petersburg and the North West region.
The activities of JSC "Petersburg Oil Terminal" make an important contribution to one of the fundamental branches of the country's economy - the export of oil products. Currently Russia loses the generation of millions of US dollars as a result of the transshipment of oil products through the ports of the Baltic States.
