Crude Oil Exports

Rosneft’s total exports amounted to 412 mln barrels (56.3 mln tonnes) in 2009, including crude oil procured from third parties. Export sales volumes were 4% higher than in 2008, reflecting an increase in production.

The Company exported 304 mln barrels (41.6 mln tonnes) of oil to Europe and 31 mln barrels (4.2 mln tonnes) to CIS countries. Deliveries to Asia-Pacific countries totaled 77 mln barrels (10.5 mln tonnes).

China was the biggest importer of Rosneft oil in 2009, buying 65 mln barrels (8.9 mln tonnes), which matches the figure in 2008. Crude oil was transported by railroad. In the reporting year an agreement was reached on annual delivery to China of 66 mln barrels (9 mln tonnes) of oil in 2011–2030. The oil will be transported via the ESPO pipeline to the town of Skovorodino (Amur Region, Far East of Russia) and then via a branch line to the border with China and to Daqing.

In 2009 Transneft completed construction of the first stage of the ESPO, as far as Skovorodino, from where oil is delivered by rail to the Kozmino sea terminal for export to Asia-Pacific markets. The first tanker sailed from Kozmino in December 2009, and it is significant that the first oil delivered through the ESPO pipeline was from Rosneft’s Vankor field. Total supplies of oil from Vankor were 26.6 mln barrels during 2009, of which 20.4 mln barrels were exported. The intention is to export most of the oil produced at Vankor in the future via the ESPO system.

The largest share of Rosneft’s export deliveries are via Transneft transport capacities, including export pipelines and ports such as Primorsk and Novorossiysk. Rosneft also has its own crude oil export capacities. A portion of Company oil produced at fields in Timan-Pechora is delivered for export via its transshipment complex at Arkhangelsk, and oil produced in the Sakhalin-1 project is exported via the port of De-Kastri in the Far East.

Export deliveries of oil and gas condensate in 2009 used the following transport routes:

• sea terminals at Primorsk, Novorossiysk, the Belokamenka floating storage unit, De-Kastri, Yuzhny and Kozmino (278.3 mln barrels or 67.5% of total export volumes);
• railroad to China including combined pipeline-and-rail routes (65.3 mln barrels or 15.9% of total export volumes);
• pipelines to Belarus, Poland and Kazakhstan (68.4 mln barrels or 16.6% of total export volumes).

Crude oil export sales