Russia is having to redirect contracted crude deliveries to China via the Kozmino port due to delays in the construction of the second string of the Skovorodino-Mohe-Daqing pipeline. With the pipeline not due to be completed until 2017, this trend will continue for a further two years, taking up seaborne export capacity at the terminal. Russia has two intergovernmental oil supply contracts with CNPC for delivery via the Skovorodino-Daqing spur of the ESPO. The first, signed in 2009, is for 300,000 barrels per day (b/d) to 2030 while the second, signed in 2013, is for a further 300,000b/d incrementally increasing to reach full volume by 2018. Over 2015, 2016 and 2017 deliveries are contracted to be around 100,000b/d.
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