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International Internet Magazine. Baltic States news & analytics Thursday, 22.04.2021, 20:39

New Russian heavy fuel terminal limits Estonian transit

Juhan Tere, BC, Tallinn, 22.01.2009.Print version
The new heavy oil terminal that will to start operation in Ust-Luuga, Russia, in 2009 is envisaged to cut the heavy oil transit through Estonia by quarter, LETA reported via Äripäev.

Port of Ust-Luuga.

Both, the Port of Tallinn and Estonian Railways (Eesti Raudtee) lose because of that.

Methodology of Estonian Railway's infrastructure fees also cuts Russians' interest to transport other goods through Estonia.

 

"The lost heavy oil quantity could be 5-5.5 tons after the terminal in Ust-Luuga starts working at full power," transit expert Raivo Vare explained.

 

It's a quarter of liquid bulk that goes through the Port of Tallinn in a year.

 

The Port of Tallinn is the only hub, to which big tankers can ashore, some of the heavy oil will continuously go through Estonia.

 

The Port of Tallinn plans to maintain the last year's level, when 29 million tons went through the port, and net profit was 40 milllion kroons, Neinar Seli, the chairperson of the Port of Tallinn's Supervisory Board said.

 

They expect other goods to replace the heavy oil.

 

"People want to transport fertilizers, ember and oil products, altogether it makes 10 million tons,” Kaido Simmerman, the Chairperson of Estonian Railways Management Board said.






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