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EASTERN SIBERIA PACIFIC OCEAN CRUDE OIL (ESPO)

EASTERN SIBERIA PACIFIC OCEAN CRUDE OIL (ESPO)

$180 /piece price excl.VAT

Negotiable
Order

Minimal order
100 pieces

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Product Specifications

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Product Description

Overview

Quick Details

Place of Origin: Russian Federation

Brand Name: Eastern Siberian Oil

Model Number: 2-001

Type: ESPO

Application: Oil Product

Grade: ESPO

Supply Ability

Supply Ability: 200000 Metric Ton/Metric Tons per Month

Packaging & Delivery

The Company's extensive oil reserves and resource base are located in three major oil producing regions of Russia: Volga-Ural province, and Western Siberia. In commercial operation - more than 100 fields. Production of hydrocarbons more than 15 million tons of oil per year.

Powerful scientific potential - many years of experience in developing and implementing advanced technologies for oil exploration and production. A high-tech oil refining complex with an average Nelson index of 10.4 and a processing depth of 82%.

The volume of refining is more than 18 million tons of oil per year. The company produces and sells motor fuels of high environmental standards Euro-5 and Euro-6.

ESPO

Automotive Fuels And Heating Oils

ESPO is a brand of Siberian oil supplied via the Eastern Siberia — Pacific ocean (ESPO) pipeline. It is considered that the quality of ESPO oil is higher than that of the middle East. This brand of oil is supplied to Asian countries, as well as to the West coast of the United States.

According to American standards, the density of one of the mixtures based on oil supplied through ESPO, called ESPO Blend, is 34.8 degrees API with a sulfur content of 0.62 % (up to 0.53 %), while Dubai oil is much more sulfurous — 2.0% with a density of 31 degrees API.

Urals (a Russian brand of export oil mix) is obtained by mixing heavy, high-sulfur oil from the Urals and the Volga region in the pipeline system of Transneft (the sulfur content in which reaches 3.0 %, and the density in API degrees does not exceed 26-28) with light West Siberian oil Siberian Light.

The total sulfur content in Urals grade oil is 1.2 %, the density in API degrees is 31-32. Analysts believe that ESPO has very good prospects in the Pacific market, due to its high quality and short transport arm.

Certifications

Packing and Delivery

PortVladivostok
Processing Time10 days
Packaging DetailsBulk

About Company

Oil Resources is strongly committed to conducting its business affairs with honesty and integrity and in full compliance with all laws, rules and regulations applicable:

- Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

- Avoidance of conflicts of interest, including disclosure to an appropriate person of any material transaction or relationship that reasonably could be expected to give rise to such a conflict;

- Full, fair, accurate, timely and understandable disclosure in reports and documents that the Corporation files with, or submits to, the securities regulators and in other public communications made by the corporation;

- Compliance with applicable governmental laws, rules and regulations;

- The prompt internal reporting to an appropriate person or persons of violations of this Code;

- Accountability for adherence to this Code. The Corporation will expect all its employees, officers and directors to comply and act in accordance, at all times, with the principles stated above and the more detailed provisions provided hereinafter.

- Violations of this Code by an employee or officer or director are grounds for disciplinary action up to and including immediate termination of employment, officership or directorship.

- It is not possible to enumerate all of the situations that could result in an actual or apparent violation of this Code. The following areas are, however, of particular concern to the Corporation with respect to the ethical conduct of the Corporation's business.

Supply Ability

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Packaging and Shipping

Lead time

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Port

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Packaging details

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