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OJSC Oil and Gas Company «RussNeft» has put into operation commercial oil loading separator in the Ulyanovsk Region.

24.06.2009 "Ak&M"

In the oil treatment unit “Severnaya” of OAO “Ulyanovskneft (the subsidiary enterprise of OJSC Oil and Gas Company “RussNeft”) there was put into operation commercial oil loading separator, equipped with the automated loading-discharging systems 12 VG 2/2. This information has been provided by the press-service of "RussNeft".

The unit has basis weight gage, which allows to maintain accurate records of oil transported in tons. The report says: "When filling oil, the telescopic expanding tip of the unit reaches the bottom of the tanker, that allows to realize the most accurate filling of the oil tank truck without airing of oil".

The new equipment fully corresponds to the environmental requirements and makes oil and gas vapor emission in atmosphere impossible. The loading system is equipped with the Banking Services Center, which allows to pass information to the operator and to fill in a shipping document in electronic format.

            As it was mentioned in the report, commissioning of commercial oil loading separator will allow the Company to reduce oil transportation costs, to improve logistics, and will provide observation of the environmental standards and industrial and job safety requirements in transit.

           "RussNeft" is among the top ten oil and gas companies of the Russian Federation. In 2007 the production level made 14.2 million tons, throughput - 7.4 million tons. Total recoverable reserves exceed 630 million tons. "RussNeft" structure encompasses 21 extractive enterprises, 2 refineries, oil terminal in the Bryansk region, and also 96 gas filling stations in the Orenburg Region. The enterprises of the company are situated in 14 regions of Russia and CIS.

          The authorized capital of the company makes 100 million Rubles. To this amoun there were issued 100 thous of ordinary shares par value 1 thous Rubles.

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