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Russia's Putin launches new Pacific oil terminal

Dec. 29, 2009 - Source: Reuters

Transneft has to spend another $10 billion to build a pipeline to Kozmino, which is set to become Russia's third largest seaborne oil outlet after Primorsk on the Baltic Sea and Novorossiisk on the Black Sea.

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Transneft (Транснефть)

Transneft (Транснефть) is a Russian state-owned company responsible for the national oil pipelines. Tansneft was founded in 1993 and owns the largest oil pipeline system in the world, with a ...


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