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Tuesday, 07 January 2014 11:15

Creation of favourable conditions for drawing new transit volumes is our priority - Sergei Revin

Creation of favourable conditions for drawing new transit volumes is our priority - Sergei Revin

"The Caspian Region, Kazakhstan, Azerbaijan and other countries possess a rich resource potential. The specialists say by 2015 oil production in Kazakhstan will amount to 150MTa. Out of this, 60MTa will go though Azerbaijan. A large expansion of the existing infrastructure is required to be able to transport such volumes: what is needed is to raise the potential of the maritime traffic, expand the tank farm of terminals, create the inner pipeline system, etc. We do hope that Middle East Petroleum will be actively engaged in all these processes", Sergei Revin, Operations Director,Middle-East Petroleum said in the exclusive interview to Caspian Energy Investor.

 

Caspian Energy Investor (CEI): Mr. Revin, how has Middle-East Petroleum's profile changed since the very establishment of the Company?

Sergei Revin, Operations Director, Middle-East Petroleum: In Azerbaijan the Company started working in April 2002 in line with the relevant contract between Middle East Petroleum and SOCAR on long-term rent of the Dubendi oil terminal. Much was done during the first two years. Performed works included repair and reconstruction of two moors, the tank farm, construction of new pipelines, installation of new pumps, expansion of the railroad pier for oil/oil products in-loads, reconstruction of systems of fire protection, labour protection and environment protection. We purchased new cars. The new universal pier for in-load/out-load of tank cars was constructed in 2006. At the moment Middle East Petroleum is an important link of the chain of oil/oil products transit from the Caspian Region to international markets.

For now, Middle-East Petroleum Company transports about 4 mln tonnes of oil/oil products per year. Of course this is not the end. Nowadays, the Caspian region is a big resource base which enables to keep increasing shipment capacities.

 

CEI: Do you currently apply only the potential of the Dubendi terminal for shipment?

Sergei Revin: We carry out transportation of transit volumes of oil/oil products from Kazakhstan and Turkmenistan via the Dubendi and Baku terminals. The existing infrastructure of the Dubendi terminal enables to transport up to 10 million tonnes of oil/oil products per annum, and up to 5MTa accounts for the Baku terminal.

 

 

CEI: Which outlooks does Middle-East Petroleum tie with the Kashagan field?

Sergei Revin: As I have already said the Caspian Region, Kazakhstan, Azerbaijan and other countries possess a rich resource potential. The specialists say by 2015 oil production in Kazakhstan will amount to 150MTa. Out of this, 60MTa will go though Azerbaijan. A large expansion of the existing infrastructure is required to be able to transport such volumes: what is needed is to raise the potential of the maritime traffic, expand the tank farm of terminals, create the inner pipeline system, etc. We do hope that Middle East Petroleum will be actively engaged in all these processes.

 

CEI: Does a construction of a new terminal mean that the global crisis has not strongly affected interests of Middle-East Petroleum?

Sergei Revin: Virtually the crisis has not badly affected the company activities manly because of the preventive measures we have taken. For example we created a large commission, which included professionals from company employees and other specialists. This commission had to revise all our activities where we probably made unnecessary expenditure cuts, reconsider the personnel, etc.

 

CEI:  Which direction is primary for Middle-East Petroleum now when many countries coped with the recession?

Sergei Revin: Our priority is to optimize and ensure safe transport operations, to reduce transport losses, demurrages, delays, penalties, to promote development of the transport infrastructure, to follow a flexible tariff policy in Azerbaijan and Georgia for creation of favourable conditions and attraction of new transit volumes.

 

CEI:  Could you, please, tell which foreign companies are partners for Middle-East Petroleum?

Sergei Revin: As far as the cooperation with western companies is concerned, Middle-East Petroleum works mainly with trading companies such as Ocean Energy, Eastern Energy, Profigura, SOCAR Trading, and Eurasia company, our old partner that transports Kazakh oil, and many others.

 

CEI: Could you, please, share your opinion on whether the government can render support to logistic companies like Middle-East Petroleum?

Sergei Revin: Certainly yes. I already see the government support, which includes elaboration of a legal framework that seeks to ease operations of logistic companies, creation of a state-of-the-art transport infrastructure, implementation of a stability maintenance policy, and promotion of the economic development across the region.  

 

CEI:  Which hot-button issues are urgent for Middle-East Petroleum in terms of the transport infrastructure of Turkey and Georgia?

Sergei Revin: Today's urgent issue is the growing number of delays of tankers passing the Bosporus because of increased oil exports from Black Sea ports. The Azerbaijan-Georgia system we use by means of rail traffic is a close system, this is a chain. So each delay along this chain breaks the whole transportation cycle.

 

CEI: Do you admit the opportunity of construction of a second BTC-like pipeline in the future?

Sergei Revin: BTC's capacity is 50,000,000 tonnes per annum with a possible increase to 75,000,000 million tonnes per annum. At the moment this line transports mainly Azeri oil. In Azerbaijan oil production is now on its peck level, but starting from 2013 outputs at ACG will start falling, Azeri specialists say. These volumes will be gradually substituted by volumes from Kazakhstan. The 6MTa Baku-Supsa line is also operational. In view of the said opportunities and expected oil volumes, I guess the existing pipeline infrastructure is enough.

 

CEI: Our readers would be very glad to learn more about you ...

Sergei Revin: I was born in Baku. Upon graduation from the State Oil Academy my specialty was chemical engineer. My work experience started in the Swiss independent inspection company, SGS, where I worked 8 years from an inspector to a manager of the Oil, Gas and Petrochemistry Department. In 2005 I became Operations Manager of Middle-East Petroleum. From June 2006 to August 2009 I worked as an executive director for Caucasus Trans Service and as operator of the Dubandi and Baku terminals. Since August up to date I have worked as Operations Director at Middle-East Petroleum.

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