ESPO investment return might reduce from 25 to 18-19 years – head of Transneft
Edited by Rhod Mackenzie / 2015-03-24 01:37:31
The period of pay back of ESPO expansion might reduce from 25 years to 18-19 years due to the reduction of the period of expansion of the pipeline system, Transneft’s head, N. Tokarev, said.
“It is difficult to speak about certain dates”, he said adding that due to the reduction of the period of the project’s realization, it is possible to expect the revenue growth from the rise of oil pumping volumes.
The expansion of ESPO presupposes the investment of up to 172 bln roubles.
