OOO GAZOYLPROM SHIPPING

OOO "GAZOYLPROM SHIPPING" is involved in the shipment of oil, and Vessel Agency (SHIPOVA), transporting via pipelines, storage, distributing, sourcing, exporting , selling and trading of crude oil, petroleum products such as D2 gas oil, Mazut M**0, jet fuel, fuel oil, gasoline, bitumen, sulphur, fertilizer and renewable energies, metals, metal ores, pet coke and coal.

OOO "GAZOYLPROM SHIPPING" is one of Russian's largest independent oil and gas producing, transporting, storage, marketing and shipping integrated companies, operating in the north and south stream of the Russian oil and gas industry. OOO "GAZOYLPROM SHIPPING" work strictly and directly with top Russian oil and gas refineries and huge oil and gas producing, distributing, and exporting companies in Russian federation and CIS.
 

OOO "GAZOYLPROM SHIPPING" is involved in the shipment of oil, and Vessel Agency (SHIPOVA), transporting via pipelines, storage, distributing, sourcing, exporting , selling and trading of crude oil, petroleum products such as D2 gas oil, Mazut M**0, jet fuel, fuel oil, gasoline, bitumen, sulphur, fertilizer and renewable energies, metals, metal ores, pet coke and coal.

 

OOO "GAZOYLPROM SHIPPING" co-owns and manages more than forty (*0%) percent of storage/tank farm facilities in tuapse oil terminal Novorossiysk;

 

And thirty percent (*0%) in Kozimo oil terminal, fifteen percent (*5%) in Nahodka oil terminal, twenty percent (*0%) in De-Kastri and ten percent (*0%) in Primorsk through cooperation with top refineries in Russian federation.

 

With supertankers booked solid carrying cheap crude, smaller vessels are taking advantage of the opportunity by hauling record volumes of Russian oil to Asia.

Oil buyers are hiring *0 percent more Aframax tankers compared with last year's average, potentially benefiting owners including Mitsubishi Corp., Hin Leong Trading Ltd. and Sinokor Merchant Marine Co. The glut that drove global prices down by about half lifted demand for stockpiling at sea in the biggest vessels, pushing their rates in December to the highest for any month since January ***0, and more than double those for the smaller ships.

ESPO Premium

A total of *6 cargoes of ESPO crude, or a record **5,**0 barrels per day, are scheduled to be shipped in March, according to a loading schedule obtained by Bloomberg. That's *0 percent more than a monthly average of *0 loadings last year, data show.

The price for hiring a supertanker from the Arabian Gulf to Japan surged to a five-year high of $2.*8 a barrel in December, compared with $1.*4 in June, before the collapse in oil prices began, data compiled by Bloomberg show. The rate has averaged $2.*0 this year.

Time Charters Vitol Group, Koch Industries Inc., Royal Dutch Shell Plc and Trafigura Beheer BV have booked tankers that could be used to store crude at sea for one-year charters, according to reports from shipbrokers including Optima.

Spokesmen at Sinokor Merchant Marine, Hin Leong and Mitsubishi, shipping and trading companies that operate vessels on the Kozmino-to-Northeast Asia route, declined to comment on the tanker market.

Russia built the ESPO pipeline, a 3,***-mile link from the Siberian town of Taishet to Kozmino on its east coast to supply more crude to Asia as demand from traditional markets in Europe slowed. The port loaded its first cargo in ***9, while the pipe was completed in ***2.

Gazoylprom regulates and services all the flow stations/pipelines connecting this terminal and tank farms.

Additionally, OOO "GAZOYLPROM SHIPPING" has also invested in mining business and we also have investment activities incorporating projects in several regions in Russian Federation, and we are significant stakeholder in various publicly listed mining entities. OOO "GAZOYLPROM SHIPPING" in recent years partake in off-take of crude oil business from small and major Refineries and manage the barrels trading, storing, financing and supplying them to our counterparties all over the world