The construction of a 25 million ton per year fuel oil export terminal at Ust-Luga, 140 km west of St Petersburg, will mark another step in Russia's campaign to ship oil exclusively through its own ports and end its reliance on potentially troublesome transit countries. Construction is due to be completed at the end of the year and when Ust-Luga becomes fully operational - probably not until 2011 - it will effectively mark the end of Estonia as a signficant transit hub. Estonia's terminals handled some 16 million tons of mostly Russian fuel oil last year.
展开▼
