Transneft loses about 189 bln roubles of investment into ESPO over next 5 years due to delay in launch of a number of deposits

​Transneft loses about 189 bln roubles of investment into the expansion of the ESPO within the coming 5 years due to the delay in putting into operation of a number of deposits, the official representative of Transneft, I. Demin, said.

“We spent 172 bln roubles for the expansion of ESPO until 2020. But we miss the profit due to the delay of putting into operation of a number of deposits”, he said.

Today Gazprom Neft confirmed the delay of putting into operation of the Kuyumba deposits for 2018. According to Mr. Demin, the falling profit at the Kuyumba – Tayshet oil pipeline is assessed at 47 mln roubles, as well as another 11.8 bln roubles of expenditure for conservation.

Transneft also loses 130 bln roubles due to the delay in putting into operation of Zapolyarie-Purpe oil pipeline.