Gazprom will operate the upcoming Amur liquids storage terminal, located in Amur Oblast in Russia. Expected to start operations in 2021, the liquids storage terminal will be owned by Gazprom.

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Expected to be operational in 2021, the terminal will primarily store petroleum products and will have rail access.

Key specifications of the storage terminal-
Storage Capacity (bbl): 120,764
Tank Size Min (bbl): 15,095
Tank Size Max (bbl): 15,095
Number of Tanks: 8

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During the period 2021-2025, the Amur storage terminal is expected to witness an estimated capex of $0.75m.

About Gazprom

 

Gazprom is an integrated global oil and gas company. It carries out the exploration, production, transportation, storage, processing and marketing of natural gas, gas condensate and crude oil. The company also sells gas as a vehicle fuel and participates in the generation and marketing of heat and electricity. It owns the gas trunk lines integrated in the Unified Gas Supply System (UGSS) of Russia. The company sells more than half of overall gas produced in Russia and exports gas to countries within and outside the former Soviet Union. It also produces and exports liquefied natural gas. Gazprom is headquartered in Moscow, Russia.

Methodology

Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.