Rosneft's Vostok Oil Set to Expand Pipeline Network by Late 2024

Researched by Industrial Info Resources (Sugar Land, Texas)--The Vostok Oil project is set to commission 400 kilometers (250 miles) of the Russian oil pipeline by the end of 2024, marking a significant milestone in its development.

The pipeline will pass through key oil and gas fields, including the Vankor cluster, Payakhskoye oil field and the West-Irkinsky site, enhancing NK Rosneft PAO's (Moscow, Russia) ability to supply oil to both Asian and European markets.

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Looking ahead, more pipelines are planned to be installed up to 2030, further strengthening the project's infrastructure to meet growing global energy demands. This expansion will connect multiple oil fields in the Arctic region, ensuring a steady flow of resources to international markets.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).