Chernomortransneft has started building six storage tanks at Sheskharis terminal
Chernomortransneft has initiated the construction of six vertical storage tanks as of 30k cbm each at Grushovaya site within the framework of the package Sheskharis reconstruction programme. The reservoirs are designed for diesel fuel and gasoline storage. Phase one is scheduled for 2019, whereas phase 2 – for 2020. Groundworks are currently underway.
Moreover, Grushovaya and Sheskharis sites host construction and installation works for 9 other facilities. Grushovaya site features the installation of integrated gantry utilities and perimeter fencing for temporary metal junk storage facility. The reconstruction of Novorossiysk checkpoint and fire pump station at the tank storage is in progress as well. Ongoing engineering protection operations include stabilisation of the Bogago river bed and the completion of the gravity wall for the Siberian fissure. Sheskharis facility also accommodates civil works for a firehouse, structural steel works, and wall and floor slab installation.
Icebreaker Diplomacy: Russia’s New-Old Strategy to Dominate the Arctic
Russia’s Baltic Shipyard (St. Petersburg) held a grand ceremony, on May 25, to celebrate the launching of the nuclear-powered Project 22220 (LK-60Ya) icebreaker Ural (Geoenergetika.ru, May 27, 2019). Following the festivities, Russian Central Bank head Elvira Nabiullina stated that the event would be further commemorated by issuing a special coin hailing the new Project 22220…
MIDDLE EAST: BROOGE TO SET UP NEW FUJAIRAH OIL REFINERY
The facility, with a first phase slated for completion in Q1 2020, will produce IMO 2020-compliant fuel. According to Reuters, Brooge Petroleum and Gas Investment Co (BPGIC) said that the capacity of the refinery will be 250,000 barrels per day. The news follows on from last month’s announcementthat Twelve Seas Investment, together with a recently-formed…
Oil up as U.S. drilling stalls, Iranian sanctions bite
LONDON (Reuters) – Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November. Benchmark Brent crude oil rose $1.09 a barrel, or 1.4 percent, to a high of $77.92 and was trading at $77.50 by 1130 GMT. U.S. light…