Tuapse Terminal

The Tuapse terminal (Krasnodar region) is favorably located near Rosneft’s Tuapse Refinery on the Black Sea coast. The terminal has an annual capacity of 10.2 mln. tonnes, and is operated by the Company’s marketing subsidiary Rosneft-Tuapsenefteprodukt. The Tuapse terminal enables Rosneft to efficiently export petroleum products produced by Tuapse Refinery and the Samara group of refineries.

In 2008, 7.7 mln tonnes of Rosneft’s petroleum products were exported via the Tuapse terminal (30% of Rosneft’s total petroleum product exports).

Rosneft continued to implement its program for the expansion and modernization of the terminal in 2008, in accordance with the Company’s development strategy. Annual capacity of the terminal is planned to grow to 17 mln tonnes. This will ensure smooth handling of export flows from the Tuapse refinery, whose capacity will increase significantly as a result of current upgrading work.