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Oil exports via Kozmino port reached 30.4 million tonnes in 2018

The exports of Russian ESPO crude via the Kozmino port reached 30.4 million tonnes in 2018, according to the press service of Transneft - Port Kozmino LLC.

The largest consumer was China absorbing 80% of the total volume shipped, followed by Japan (8%), South Korea (5%), Singapore (2%), Malaysia (2%), the USA (0.99%), Thailand (0.90%), Philippines (0.66%), New Zealand (0.33%).

Transneft - Port Kozmino's specialists processed a total of 303 tankers last year.

Since the start of 2019, 2.7 million tonnes of raw products were shipped via the port's oil loading terminal.

In the period from the launch of the Eastern Siberia - Pacific Ocean (ESPO) pipeline system to the end of 2018, 217.5 million tonnes of crude were exported to Asia-Pacific countries via the Kozmino port.

PJSC Transneft (tax number: 7706061801) is the monopolist in Russia's market of oil export deliveries using pipelines. Transneft Group has the world's largest system of the oil pipelines amounting to 48.505 thousand km.

The company's authorized capital is RUB 7.249 million. It consists of 5,649,468 common and 1,554,875 preferred shares with a face value of 1 ruble.

Transneft Group's 9-month IFRS profit grew 2.5 times to RUB 171 billion from RUB 166.8 billion a year earlier. Revenue increased by 8.8% to RUB 716 billion from RUB 657.8 billion. EBITDA decreased by 1% to RUB 314.6 billion from RUB 317.7 billion.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of PJSC Transneft for H1 2018 decreased 6.7 times to RUB 4.204 billion from RUB 28.145 billion for the same period in 2017. Revenue increased by 8.79% to RUB 450.222 billion from RUB 413.836 billion, sales profit 6.27 times to RUB 54.988 billion from RUB 8.767 billion, pre-tax profit decreased 2.4 times to RUB 14.397 billion from RUB 34.602 billion.

"AK&M", 08.02.2019 17:45


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