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In Russia there is a new variety of oil - Sakhalin Blend

February 21, 2015

In Russia, announced about a new oil export grade. He appeared in the course of the project "Sakhalin-2" and called «Sakhalin Blend», representatives of the company «Sakhalin Energy».

Shareholders «Sakhalin Energy» are OAO "Gazprom" (50% plus one share), «Royal Dutch Shell plc» (27,5% minus one share), «Mitsui» (12.%) And «Mitsubishi» (10% ).

According to OilNews.kz, «Sakhalin Energy» has already implemented four tankers «Sakhalin Blend» for delivery in late March and April. Premium to the price of oil brand «Dubai» ranged from $ 2 to $ 3 per barrel.

«Sakhalin Blend» - a mixture produced from the "Sakhalin-2" oil brand «Vityaz» condensate with Kirinskoye condensate field of "Gazprom", according to market sources.

Grade «Vityaz» shipped through the port of Prigorodnoye (Sakhalin). Price varieties tied to the value of «Dubai». In 2010, as reported in the company's report, «Sakhalin Energy» got 47 million. Barrels of oil varieties «Vityaz». Her main buyers were Japan (33.9%), South Korea (33.6%), China (24.8%), Taiwan (1.6%), the Philippines (1.6%), the USA (1.5 ).