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Baltic Fuel Company obtains a permit for construction of Marine Oil Terminal “Turukhtanniye Islands"
Following the signing of an
agreement on creation of an artificial plot of land, Baltic Fuel
Company Group (BFC Group, Saint-Petersburg) obtained a permit from the
Federal Marine and River Transport Agency for construction of Marine Oil
Terminal “Turukhtanniye Islands" and implementation of works on
creation of an artificial plot of land. BFC Group says the project
provides for construction of five berths, a tank farm, a discharge rack
and other facilities.
The project on construction of
technological infrastructure facilities at the Marine Oil Terminal
“Turukhtanniye Islands" of BFC within the water area of Big Port St.
Petersburg is included into the area planning scheme of the Russian
Federation in the field of federal transport approved by RF Government’s
Decree dated March 19, 2013 (No384-r).
The Declaration of Intent to invest into
the project was approved by the Federal Marine and River Transport
Agency on July 30, 2014. The permit to create an artificial plot of land
was issued on December 17, 2013. Rosmorrechflot’s Decree dated
September 22, 2014 approved the project’s planning documentation.
The
terminal currently consists of a 7.3-hecare plot of land and two berths
for transshipment of oil products. The terminal’s annual throughput is
to be increased to 2.4 mln t by 2017 and to 4-5 mln t by 2020.
Investments into the project are estimated at more than RUB 3 bln.
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