Transneft planning to invest $760m in ESPO pipeline infrastructure by 2020

ESPO Pipeline route

Transneft  has announced that it is planning to invest RUB 45bn ($760m) on the Eastern Siberia–Pacific Ocean oil pipeline system (ESPO) over the next five years.  The money will go towards the  expansion of the system’s capacity and will entail the construction of a total of 10  new pumping stations. The 4,740 km oil pipeline runs from Taishet in Irkutsk to the port  of Kozmino in Nakhodka Bay and  connects the oilfields of Western and Eastern Siberia with the Asian and US markets. 

Source: Gazeta