Varandey Oil Terminal

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Summary Information

  • Ownership: NaryanmarNeftegas JV (Lukoil)
  • Website: https://www.lukoil.com/
  • Location: Barents
  • Capacity: 12 million tons per year
  • Crude Type:

Brief Description

  • The Varandey facility consists of an onshore tank farm and a fixed offshore ice-resistant oil terminal (FOIROT). The oil terminal has a capacity for 12 million tons per year or 240,000 barrels per day
  • Two 22 km long 36” offshore pipelines deliver oil from the onshore tank farm to the offshore oil terminal.

Contractors

Ongoing Projects

  • -

Other Information

  • -

History

  • 2005 - LUKOIL and ConocoPhillips Announce Joint Venture
  • 2008 - The terminal began commercial operations

Links

  1. LUKOIL and ConocoPhillips Announce Joint Venture